Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Short Interest Update
by Kim Johansen · The Markets DailyInvesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ – Get Free Report) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 89,322 shares, a decline of 48.5% from the May 31st total of 173,585 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 223,690 shares, the short-interest ratio is currently 0.4 days.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the stock. Navalign LLC acquired a new stake in Invesco California AMT-Free Municipal Bond ETF during the fourth quarter worth approximately $27,000. Ameriflex Group Inc. increased its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 100.0% during the third quarter. Ameriflex Group Inc. now owns 2,998 shares of the company’s stock worth $72,000 after purchasing an additional 1,499 shares during the period. Eclectic Associates Inc. ADV bought a new position in shares of Invesco California AMT-Free Municipal Bond ETF during the fourth quarter worth approximately $202,000. Elequin Capital LP acquired a new stake in Invesco California AMT-Free Municipal Bond ETF during the 3rd quarter worth approximately $211,000. Finally, Blue Zone Wealth Advisors LLC acquired a new stake in Invesco California AMT-Free Municipal Bond ETF during the 4th quarter worth approximately $229,000.
Invesco California AMT-Free Municipal Bond ETF Price Performance
PWZ stock opened at $24.55 on Tuesday. Invesco California AMT-Free Municipal Bond ETF has a 1-year low of $22.75 and a 1-year high of $24.59. The business’s 50 day simple moving average is $24.26 and its 200 day simple moving average is $24.23.
Invesco California AMT-Free Municipal Bond ETF Company Profile
The Invesco California AMT-Free Municipal Bond ETF (PWZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of insured investment-grade, tax-exempt debt issued by California or any US territory with at least 15 years remaining to maturity. PWZ was launched on Oct 11, 2007 and is managed by Invesco.
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