Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Short Interest Up 856.1% in May

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 410,894 shares, a growth of 856.1% from the May 14th total of 42,974 shares. Based on an average daily volume of 441,610 shares, the days-to-cover ratio is presently 0.9 days. Approximately 1.5% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC increased its position in shares of Invesco Short Term Treasury ETF by 0.9% in the fourth quarter. Integrated Wealth Concepts LLC now owns 11,365 shares of the company’s stock valued at $1,201,000 after buying an additional 105 shares in the last quarter. Tidemark LLC increased its position in shares of Invesco Short Term Treasury ETF by 21.4% in the fourth quarter. Tidemark LLC now owns 2,023 shares of the company’s stock valued at $214,000 after buying an additional 357 shares in the last quarter. Mascoma Wealth Management LLC purchased a new stake in shares of Invesco Short Term Treasury ETF in the fourth quarter valued at approximately $42,000. PFG Advisors increased its position in shares of Invesco Short Term Treasury ETF by 10.1% in the fourth quarter. PFG Advisors now owns 4,598 shares of the company’s stock valued at $486,000 after buying an additional 423 shares in the last quarter. Finally, MAI Capital Management increased its position in shares of Invesco Short Term Treasury ETF by 90.0% in the third quarter. MAI Capital Management now owns 950 shares of the company’s stock valued at $100,000 after buying an additional 450 shares in the last quarter.

Invesco Short Term Treasury ETF Price Performance

Shares of Invesco Short Term Treasury ETF stock remained flat at $105.70 on Thursday. The company had a trading volume of 132,658 shares, compared to its average volume of 329,312. Invesco Short Term Treasury ETF has a 12-month low of $105.40 and a 12-month high of $105.90. The company has a fifty day simple moving average of $105.62 and a 200 day simple moving average of $105.65.

Invesco Short Term Treasury ETF Company Profile

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.