Short Interest in Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Rises By 218.9%
by Doug Wharley · The Cerbat GemInvesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY – Get Free Report) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 1,454 shares, a growth of 218.9% from the April 15th total of 456 shares. Based on an average trading volume of 7,971 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.
Institutional Investors Weigh In On Invesco Zacks Multi-Asset Income ETF
Several hedge funds have recently bought and sold shares of CVY. Jones Financial Companies Lllp boosted its stake in Invesco Zacks Multi-Asset Income ETF by 349.9% during the first quarter. Jones Financial Companies Lllp now owns 1,966 shares of the company’s stock worth $50,000 after acquiring an additional 1,529 shares in the last quarter. Osaic Holdings Inc. lifted its stake in shares of Invesco Zacks Multi-Asset Income ETF by 36.7% in the second quarter. Osaic Holdings Inc. now owns 18,945 shares of the company’s stock worth $488,000 after buying an additional 5,087 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of Invesco Zacks Multi-Asset Income ETF in the third quarter worth approximately $29,000. Raymond James Financial Inc. lifted its stake in shares of Invesco Zacks Multi-Asset Income ETF by 2.4% in the third quarter. Raymond James Financial Inc. now owns 33,174 shares of the company’s stock worth $889,000 after buying an additional 765 shares in the last quarter. Finally, Citadel Advisors LLC bought a new position in shares of Invesco Zacks Multi-Asset Income ETF in the third quarter worth approximately $341,000.
Invesco Zacks Multi-Asset Income ETF Price Performance
NYSEARCA:CVY traded down $0.22 during mid-day trading on Friday, hitting $28.44. 770 shares of the company’s stock were exchanged, compared to its average volume of 5,055. Invesco Zacks Multi-Asset Income ETF has a one year low of $24.24 and a one year high of $29.03. The business has a fifty day moving average price of $27.75 and a 200 day moving average price of $27.50. The company has a market cap of $119.16 million, a PE ratio of 10.24 and a beta of 0.80.
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.