Short Interest in Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) Declines By 34.7%

Invesco Zacks Mid-Cap ETF (NYSEARCA:CZAGet Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 173 shares, a decrease of 34.7% from the May 14th total of 265 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,670 shares, the days-to-cover ratio is currently 0.1 days.

Invesco Zacks Mid-Cap ETF Stock Performance

CZA traded up $0.02 on Tuesday, hitting $120.51. 2,154 shares of the company were exchanged, compared to its average volume of 2,216. The firm has a fifty day simple moving average of $116.62 and a two-hundred day simple moving average of $114.48. Invesco Zacks Mid-Cap ETF has a 12 month low of $103.86 and a 12 month high of $120.94. The stock has a market capitalization of $191.61 million, a PE ratio of 18.93 and a beta of 0.83.

Hedge Funds Weigh In On Invesco Zacks Mid-Cap ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Toronto Dominion Bank bought a new position in Invesco Zacks Mid-Cap ETF during the 4th quarter worth approximately $39,889,000. IMC Chicago LLC grew its position in Invesco Zacks Mid-Cap ETF by 26.2% during the 1st quarter. IMC Chicago LLC now owns 35,329 shares of the company’s stock worth $3,891,000 after acquiring an additional 7,339 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Invesco Zacks Mid-Cap ETF by 33.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 21,871 shares of the company’s stock worth $2,272,000 after acquiring an additional 5,503 shares during the last quarter. Raymond James Financial Inc. grew its position in Invesco Zacks Mid-Cap ETF by 44.4% during the 2nd quarter. Raymond James Financial Inc. now owns 19,649 shares of the company’s stock worth $2,096,000 after acquiring an additional 6,045 shares during the last quarter. Finally, Truist Financial Corp grew its position in Invesco Zacks Mid-Cap ETF by 13.3% during the 4th quarter. Truist Financial Corp now owns 17,139 shares of the company’s stock worth $1,899,000 after acquiring an additional 2,013 shares during the last quarter.

Invesco Zacks Mid-Cap ETF Company Profile

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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).

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