Short Interest in Invesco SteelPath MLP & Energy Infrastructure ETF (BATS:PIPE) Expands By 863.6%

Invesco SteelPath MLP & Energy Infrastructure ETF (BATS:PIPE) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 2,833 shares, an increase of 863.6% from the May 14th total of 294 shares. Based on an average trading volume of 5,994 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.3% of the shares of the stock are short sold.

Invesco SteelPath MLP & Energy Infrastructure ETF Stock Down 0.3%

PIPE stock opened at $29.68 on Wednesday. The company’s 50-day simple moving average is $29.62 and its 200-day simple moving average is $27.26. Invesco SteelPath MLP & Energy Infrastructure ETF has a 52-week low of $22.82 and a 52-week high of $31.53. The firm has a market cap of $32.05 million and a P/E ratio of 19.81.

About Invesco SteelPath MLP & Energy Infrastructure ETF

Invesco Actively Managed Exchange-Traded Fund Trust – Invesco SteelPath MLP & Energy Infrastructure ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund is co-managed by Invesco Advisers, Inc It invests in public equity markets of the United States. The fund invests in stocks of companies operating across energy, oil, gas and consumable fuels, oil and gas refining and marketing, petroleum and petroleum products, natural gas liquids, oil and gas storage and transportation and hydrocarbons sectors.