Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Sees Large Increase in Short Interest

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 149,784 shares, an increase of 183.4% from the August 15th total of 52,853 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 402,874 shares, the short-interest ratio is currently 0.4 days.

Invesco Short Term Treasury ETF Stock Up 0.0%

Invesco Short Term Treasury ETF stock traded up $0.01 during midday trading on Monday, hitting $105.73. 512,847 shares of the stock were exchanged, compared to its average volume of 306,295. Invesco Short Term Treasury ETF has a 52-week low of $105.46 and a 52-week high of $105.90. The business’s 50-day moving average price is $105.66 and its 200-day moving average price is $105.63.

Hedge Funds Weigh In On Invesco Short Term Treasury ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. CPR Investments Inc. increased its stake in shares of Invesco Short Term Treasury ETF by 141.2% during the 1st quarter. CPR Investments Inc. now owns 376,870 shares of the company’s stock worth $39,779,000 after purchasing an additional 220,633 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of Invesco Short Term Treasury ETF by 1,844.8% in the 1st quarter. Royal Bank of Canada now owns 218,591 shares of the company’s stock worth $23,073,000 after purchasing an additional 207,351 shares during the period. Janney Montgomery Scott LLC purchased a new position in Invesco Short Term Treasury ETF in the first quarter valued at approximately $15,043,000. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco Short Term Treasury ETF by 2,130.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 129,496 shares of the company’s stock valued at $13,681,000 after purchasing an additional 123,689 shares during the period. Finally, Clear Retirement Advice LLC purchased a new stake in Invesco Short Term Treasury ETF in the fourth quarter worth $11,824,000.

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.