Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Sees Large Increase in Short Interest

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 318 shares, an increase of 31,700.0% from the December 15th total of 1 shares. Based on an average daily trading volume, of 2,957 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,957 shares, the days-to-cover ratio is currently 0.1 days.

Invesco Zacks Multi-Asset Income ETF Stock Performance

Shares of NYSEARCA:CVY opened at $27.77 on Tuesday. Invesco Zacks Multi-Asset Income ETF has a 52-week low of $21.79 and a 52-week high of $27.87. The business’s 50 day simple moving average is $26.84 and its two-hundred day simple moving average is $26.64. The firm has a market cap of $117.19 million, a P/E ratio of 10.24 and a beta of 0.89.

Institutional Trading of Invesco Zacks Multi-Asset Income ETF

Several hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. bought a new stake in Invesco Zacks Multi-Asset Income ETF during the third quarter worth $29,000. Jones Financial Companies Lllp grew its stake in Invesco Zacks Multi-Asset Income ETF by 349.9% in the 1st quarter. Jones Financial Companies Lllp now owns 1,966 shares of the company’s stock valued at $50,000 after purchasing an additional 1,529 shares during the period. Citadel Advisors LLC purchased a new stake in shares of Invesco Zacks Multi-Asset Income ETF during the 3rd quarter valued at $341,000. Osaic Holdings Inc. raised its stake in shares of Invesco Zacks Multi-Asset Income ETF by 36.7% during the 2nd quarter. Osaic Holdings Inc. now owns 18,945 shares of the company’s stock worth $488,000 after purchasing an additional 5,087 shares during the period. Finally, Raymond James Financial Inc. raised its stake in shares of Invesco Zacks Multi-Asset Income ETF by 2.4% during the 3rd quarter. Raymond James Financial Inc. now owns 33,174 shares of the company’s stock worth $889,000 after purchasing an additional 765 shares during the period.

About Invesco Zacks Multi-Asset Income ETF

The Guggenheim Multi-Asset Income ETF (the Fund), formerly Claymore/Zacks Multi-Asset Income Index ETF, seeks investment results that correspond generally to the performance of an equity index called the Zacks Multi-Asset Income Index (the Index). The Index consists of approximately 125 to 150 securities selected, based on investment and other criteria, from a universe of domestic and international companies. The universe of securities within the Index includes United States-listed common stocks, American depositary receipts (ADRs) paying dividends, real estate investment trusts, master limited partnerships, closed-end funds and traditional preferred stocks.