Invesco Floating Rate Municipal Income ETF (NYSEARCA:PVI) Short Interest Update
by Amy Steele · The Cerbat GemInvesco Floating Rate Municipal Income ETF (NYSEARCA:PVI – Get Free Report) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 187 shares, a decrease of 93.3% from the November 30th total of 2,790 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 6,484 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 6,484 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.
Hedge Funds Weigh In On Invesco Floating Rate Municipal Income ETF
A number of large investors have recently made changes to their positions in the business. Flagship Harbor Advisors LLC acquired a new position in Invesco Floating Rate Municipal Income ETF during the 2nd quarter valued at about $1,583,000. Wealthcare Advisory Partners LLC grew its stake in shares of Invesco Floating Rate Municipal Income ETF by 28.1% during the third quarter. Wealthcare Advisory Partners LLC now owns 54,995 shares of the company’s stock worth $1,366,000 after acquiring an additional 12,076 shares during the last quarter. Avior Wealth Management LLC increased its holdings in shares of Invesco Floating Rate Municipal Income ETF by 41.5% during the second quarter. Avior Wealth Management LLC now owns 48,838 shares of the company’s stock valued at $1,211,000 after acquiring an additional 14,313 shares in the last quarter. Jane Street Group LLC raised its position in shares of Invesco Floating Rate Municipal Income ETF by 6.5% in the 2nd quarter. Jane Street Group LLC now owns 48,473 shares of the company’s stock valued at $1,201,000 after purchasing an additional 2,949 shares during the last quarter. Finally, Foundations Investment Advisors LLC raised its position in shares of Invesco Floating Rate Municipal Income ETF by 17.0% in the 3rd quarter. Foundations Investment Advisors LLC now owns 21,218 shares of the company’s stock valued at $527,000 after purchasing an additional 3,087 shares during the last quarter.
Invesco Floating Rate Municipal Income ETF Stock Performance
Shares of PVI stock traded down $0.01 during mid-day trading on Friday, hitting $24.86. 527 shares of the stock traded hands, compared to its average volume of 6,497. Invesco Floating Rate Municipal Income ETF has a 52-week low of $24.52 and a 52-week high of $25.37. The stock’s fifty day moving average is $24.83 and its two-hundred day moving average is $24.85.
About Invesco Floating Rate Municipal Income ETF
The Invesco VRDO Tax-Free ETF (PVI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of VRDOs issued by US municipalities. PVI was launched on Nov 15, 2007 and is managed by Invesco.