Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) Sees Large Drop in Short Interest

Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 137,975 shares, a decrease of 40.8% from the August 15th total of 233,188 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 153,245 shares, the short-interest ratio is currently 0.9 days.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Performance

GOVI traded up $0.03 on Wednesday, reaching $25.97. 462,917 shares of the company traded hands, compared to its average volume of 396,770. The stock’s 50 day moving average price is $26.47 and its 200-day moving average price is $26.95. Invesco Equal Weight 0-30 Year Treasury ETF has a 52-week low of $25.91 and a 52-week high of $28.32.

Invesco Equal Weight 0-30 Year Treasury ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were paid a $0.0924 dividend. The ex-dividend date of this dividend was Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

Institutional Trading of Invesco Equal Weight 0-30 Year Treasury ETF

A number of institutional investors have recently bought and sold shares of the company. Bank of America Corp DE grew its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 375.9% in the first quarter. Bank of America Corp DE now owns 679,428 shares of the company’s stock valued at $18,534,000 after purchasing an additional 536,650 shares in the last quarter. Petix & Botte Co raised its stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 7.6% during the 1st quarter. Petix & Botte Co now owns 646,593 shares of the company’s stock worth $17,639,000 after purchasing an additional 45,524 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 151.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 422,281 shares of the company’s stock worth $11,465,000 after purchasing an additional 254,271 shares in the last quarter. Schwallier Wealth Management LLC lifted its holdings in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 0.5% during the 4th quarter. Schwallier Wealth Management LLC now owns 305,116 shares of the company’s stock valued at $8,380,000 after buying an additional 1,633 shares during the last quarter. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 320.1% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 283,559 shares of the company’s stock valued at $7,699,000 after buying an additional 216,060 shares during the last quarter.

About Invesco Equal Weight 0-30 Year Treasury ETF

The Invesco Equal Weight 0-30 Year Treasury ETF (GOVI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that invests in an equal-weighted 30-year ladder of US Treasury securities. GOVI was launched on Oct 11, 2007 and is issued by Invesco.