Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Short Interest Down 74.3% in January

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 11,353 shares, a decrease of 74.3% from the December 31st total of 44,209 shares. Based on an average daily trading volume, of 189,244 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 189,244 shares, the days-to-cover ratio is currently 0.1 days.

Invesco Short Term Treasury ETF Stock Performance

Invesco Short Term Treasury ETF stock traded up $0.02 during midday trading on Friday, reaching $105.61. The company’s stock had a trading volume of 212,165 shares, compared to its average volume of 197,171. The business has a 50-day moving average price of $105.68 and a 200-day moving average price of $105.67. Invesco Short Term Treasury ETF has a 52 week low of $105.39 and a 52 week high of $105.90.

Invesco Short Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were given a dividend of $0.3301 per share. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Tuesday, January 20th.

Institutional Trading of Invesco Short Term Treasury ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC lifted its position in shares of Invesco Short Term Treasury ETF by 7,000.0% during the 1st quarter. NewEdge Advisors LLC now owns 4,828 shares of the company’s stock worth $510,000 after buying an additional 4,760 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in Invesco Short Term Treasury ETF during the first quarter worth about $711,000. SMI Advisory Services LLC bought a new position in Invesco Short Term Treasury ETF in the 2nd quarter worth approximately $207,000. Ameritas Advisory Services LLC bought a new position in shares of Invesco Short Term Treasury ETF in the second quarter worth $1,585,000. Finally, Clarius Group LLC boosted its stake in Invesco Short Term Treasury ETF by 104.0% in the 2nd quarter. Clarius Group LLC now owns 27,159 shares of the company’s stock worth $2,866,000 after purchasing an additional 13,845 shares during the period.

About Invesco Short Term Treasury ETF

The Invesco Short Term Treasury ETF (TBLL) is an exchange-traded fund that is based on the ICE US Treasury Short Bond index. The fund tracks a market-weighted index of debt issued by the US Treasury. Remaining maturity must be between 1-12 months. TBLL was launched on Jan 12, 2017 and is issued by Invesco.