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

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) was the recipient of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 623,819 shares, a decrease of 66.2% from the October 15th total of 1,847,002 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average trading volume of 733,090 shares, the short-interest ratio is currently 0.9 days.

Institutional Investors Weigh In On Invesco Ultra Short Duration ETF

Large investors have recently added to or reduced their stakes in the business. NFSG Corp boosted its position in shares of Invesco Ultra Short Duration ETF by 30.0% during the 1st quarter. NFSG Corp now owns 1,349 shares of the company’s stock valued at $68,000 after acquiring an additional 311 shares during the last quarter. Mascoma Wealth Management LLC lifted its holdings in shares of Invesco Ultra Short Duration ETF by 93.7% in the 3rd quarter. Mascoma Wealth Management LLC now owns 645 shares of the company’s stock worth $32,000 after acquiring an additional 312 shares during the last quarter. KWB Wealth lifted its holdings in shares of Invesco Ultra Short Duration ETF by 3.7% in the 2nd quarter. KWB Wealth now owns 8,990 shares of the company’s stock worth $451,000 after acquiring an additional 317 shares during the last quarter. Chicago Partners Investment Group LLC boosted its stake in shares of Invesco Ultra Short Duration ETF by 5.0% in the 1st quarter. Chicago Partners Investment Group LLC now owns 7,255 shares of the company’s stock valued at $364,000 after purchasing an additional 345 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Invesco Ultra Short Duration ETF by 15.6% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,175 shares of the company’s stock valued at $159,000 after acquiring an additional 429 shares during the period.

Invesco Ultra Short Duration ETF Price Performance

Shares of GSY opened at $50.04 on Friday. Invesco Ultra Short Duration ETF has a 52-week low of $49.90 and a 52-week high of $50.39. The stock’s 50-day simple moving average is $50.02 and its 200 day simple moving average is $50.15.

Invesco Ultra Short Duration ETF Company Profile

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.