Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Sees Large Increase in Short Interest

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 171,966 shares, a growth of 101.4% from the April 15th total of 85,389 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 793,978 shares, the short-interest ratio is currently 0.2 days.

Invesco Ultra Short Duration ETF Stock Down 0.0%

Shares of NYSEARCA GSY traded down $0.01 during midday trading on Friday, reaching $50.22. The stock had a trading volume of 519,462 shares, compared to its average volume of 869,673. Invesco Ultra Short Duration ETF has a twelve month low of $49.99 and a twelve month high of $50.39. The company’s 50 day moving average price is $50.18 and its 200 day moving average price is $50.24.

Institutional Trading of Invesco Ultra Short Duration ETF

Several hedge funds have recently modified their holdings of the stock. Hilltop Holdings Inc. grew its holdings in Invesco Ultra Short Duration ETF by 2.1% in the fourth quarter. Hilltop Holdings Inc. now owns 11,615 shares of the company’s stock worth $584,000 after purchasing an additional 244 shares during the period. Regatta Capital Group LLC grew its holdings in Invesco Ultra Short Duration ETF by 0.7% in the fourth quarter. Regatta Capital Group LLC now owns 36,799 shares of the company’s stock worth $1,849,000 after purchasing an additional 264 shares during the period. Ashton Thomas Private Wealth LLC grew its holdings in Invesco Ultra Short Duration ETF by 0.8% in the third quarter. Ashton Thomas Private Wealth LLC now owns 35,837 shares of the company’s stock worth $1,800,000 after purchasing an additional 271 shares during the period. Parallel Advisors LLC grew its holdings in Invesco Ultra Short Duration ETF by 6.6% in the third quarter. Parallel Advisors LLC now owns 4,880 shares of the company’s stock worth $245,000 after purchasing an additional 300 shares during the period. Finally, NFSG Corp grew its holdings in Invesco Ultra Short Duration ETF by 30.0% in the first quarter. NFSG Corp now owns 1,349 shares of the company’s stock worth $68,000 after purchasing an additional 311 shares during the period.

About Invesco Ultra Short Duration ETF

The Invesco Ultra Short Duration ETF (GSY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to outperform the Barclays Capital 1-3 Month U.S. Treasury Bill Index by investing in a diverse portfolio of investment-grade securities. GSY was launched on Feb 12, 2008 and is managed by Invesco.