Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Sees Significant Decrease in Short Interest

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 45,196 shares, a decline of 89.0% from the May 31st total of 410,894 shares. Based on an average daily trading volume, of 194,075 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s shares are sold short.

Invesco Short Term Treasury ETF Price Performance

Shares of TBLL traded up $0.02 during mid-day trading on Friday, reaching $105.54. 255,050 shares of the company were exchanged, compared to its average volume of 318,063. The business has a 50 day simple moving average of $105.62 and a two-hundred day simple moving average of $105.65. Invesco Short Term Treasury ETF has a 52 week low of $105.40 and a 52 week high of $105.90.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Mascoma Wealth Management LLC acquired a new stake in shares of Invesco Short Term Treasury ETF during the fourth quarter worth $42,000. MAI Capital Management boosted its position in Invesco Short Term Treasury ETF by 90.0% during the third quarter. MAI Capital Management now owns 950 shares of the company’s stock valued at $100,000 after acquiring an additional 450 shares during the last quarter. Robinson Value Management Ltd. acquired a new stake in Invesco Short Term Treasury ETF during the 4th quarter worth about $175,000. Flagship Harbor Advisors LLC acquired a new stake in Invesco Short Term Treasury ETF during the 4th quarter worth about $191,000. Finally, Tidemark LLC raised its position in shares of Invesco Short Term Treasury ETF by 21.4% in the 4th quarter. Tidemark LLC now owns 2,023 shares of the company’s stock worth $214,000 after acquiring an additional 357 shares in the last quarter.

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.