Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Short Interest Update

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 2,822,770 shares, an increase of 278.5% from the February 26th total of 745,689 shares. Approximately 1.9% of the shares of the company are short sold. Based on an average trading volume of 2,009,785 shares, the short-interest ratio is currently 1.4 days.

Invesco National AMT-Free Municipal Bond ETF Trading Down 0.3%

Shares of PZA stock opened at $22.78 on Friday. Invesco National AMT-Free Municipal Bond ETF has a 12 month low of $21.49 and a 12 month high of $23.63. The stock has a 50 day moving average of $23.30 and a two-hundred day moving average of $23.25.

Invesco National AMT-Free Municipal Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were given a $0.0677 dividend. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Monday, February 23rd.

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

A number of institutional investors have recently bought and sold shares of PZA. Bank of America Corp DE grew its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 13.9% in the 3rd quarter. Bank of America Corp DE now owns 52,945,741 shares of the company’s stock worth $1,222,517,000 after purchasing an additional 6,454,954 shares during the last quarter. Wellington Management Group LLP bought a new position in Invesco National AMT-Free Municipal Bond ETF during the 3rd quarter valued at about $117,200,000. Richard Bernstein Advisors LLC bought a new position in Invesco National AMT-Free Municipal Bond ETF during the 3rd quarter valued at about $71,305,000. Jane Street Group LLC boosted its position in Invesco National AMT-Free Municipal Bond ETF by 374.2% in the fourth quarter. Jane Street Group LLC now owns 2,447,309 shares of the company’s stock valued at $56,753,000 after buying an additional 1,931,193 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in Invesco National AMT-Free Municipal Bond ETF in the fourth quarter valued at about $37,153,000.

Invesco National AMT-Free Municipal Bond ETF Company Profile

The Invesco National AMT-Free Municipal Bond ETF (PZA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade, tax-exempt debt publicly issued by a US state with at least 15 years remaining to maturity. PZA was launched on Oct 11, 2007 and is managed by Invesco.