Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) Short Interest Down 91.4% in March
by Scott Moore · The Cerbat GemInvesco Zacks Mid-Cap ETF (NYSEARCA:CZA – Get Free Report) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totaling 20 shares, a decrease of 91.4% from the March 15th total of 233 shares. Based on an average daily trading volume, of 1,742 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CZA. Clearstead Advisors LLC bought a new position in Invesco Zacks Mid-Cap ETF during the third quarter valued at approximately $35,000. Compass Financial Services Inc bought a new position in Invesco Zacks Mid-Cap ETF during the third quarter valued at approximately $43,000. Sovran Advisors LLC bought a new position in Invesco Zacks Mid-Cap ETF during the fourth quarter valued at approximately $206,000. Quattro Advisors LLC bought a new position in Invesco Zacks Mid-Cap ETF during the fourth quarter valued at approximately $257,000. Finally, Captrust Financial Advisors bought a new position in Invesco Zacks Mid-Cap ETF during the second quarter valued at approximately $342,000.
Invesco Zacks Mid-Cap ETF Stock Performance
Shares of NYSEARCA:CZA traded down $0.89 during trading on Friday, reaching $114.74. 391 shares of the stock traded hands, compared to its average volume of 2,132. The stock has a 50-day moving average of $113.78 and a two-hundred day moving average of $112.01. Invesco Zacks Mid-Cap ETF has a 52-week low of $93.67 and a 52-week high of $118.65. The stock has a market cap of $185.88 million, a P/E ratio of 18.93 and a beta of 0.87.
About Invesco Zacks Mid-Cap ETF
Guggenheim Mid-Cap Core ETF (the Fund), formerly Claymore/Zacks Mid-Cap Core ETF, seeks investment results that correspond generally to the performance of an index called the Zacks Mid-Cap Core Index (the Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index and depositary receipts representing securities that comprise the Index (or underlying securities representing ADRs that comprise the Index). The Index is comprised of 100 securities selected, based on investment and other criteria, from a universe of mid-capitalization common stocks, including master limited partnerships (MLPs), and American depositary receipts (ADRs).