Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) Short Interest Update

Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 68,649 shares, a growth of 86.4% from the March 15th total of 36,828 shares. Based on an average daily trading volume, of 32,445 shares, the short-interest ratio is presently 2.1 days. Approximately 1.2% of the shares of the company are sold short.

Invesco New York AMT-Free Municipal Bond ETF Price Performance

Invesco New York AMT-Free Municipal Bond ETF stock opened at $22.43 on Monday. Invesco New York AMT-Free Municipal Bond ETF has a one year low of $20.87 and a one year high of $22.71. The business’s fifty day moving average is $22.34 and its 200 day moving average is $22.37.

Institutional Investors Weigh In On Invesco New York AMT-Free Municipal Bond ETF

Institutional investors have recently modified their holdings of the business. Root Financial Partners LLC purchased a new stake in shares of Invesco New York AMT-Free Municipal Bond ETF during the third quarter valued at $41,000. Godfrey Financial Associates Inc. purchased a new stake in shares of Invesco New York AMT-Free Municipal Bond ETF during the fourth quarter valued at $191,000. Valicenti Advisory Services Inc. purchased a new stake in shares of Invesco New York AMT-Free Municipal Bond ETF during the fourth quarter valued at $206,000. Jones Financial Companies Lllp purchased a new stake in shares of Invesco New York AMT-Free Municipal Bond ETF during the first quarter valued at $211,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of Invesco New York AMT-Free Municipal Bond ETF during the third quarter valued at $220,000.

Invesco New York AMT-Free Municipal Bond ETF Company Profile

The PowerShares New York AMT-Free Municipal Bond Portfolio (the Fund), formerly The PowerShares Insured New York Municipal Bond Portfolio, is based on The BofA Merrill Lynch New York Long-Term Core Plus Municipal Securities Index (Index). The Fund will invest at least 80% of its total assets in municipal securities that comprise the Index. The Index is composed of the United States dollar-denominated, investment grade, tax-exempt debt publicly issued by New York or any of the United States territory, or their political subdivisions, in the the United States domestic market with a term of at least 15 years remaining to final maturity.