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

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 68,071 shares, an increase of 378.8% from the June 30th total of 14,216 shares. Based on an average daily trading volume, of 190,811 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the company’s stock are sold short.

Invesco Short Term Treasury ETF Trading Up 0.0%

NYSEARCA:TBLL traded up $0.04 during mid-day trading on Friday, hitting $105.51. 288,922 shares of the company’s stock traded hands, compared to its average volume of 302,325. The company has a fifty day moving average of $105.61 and a 200 day moving average of $105.64. Invesco Short Term Treasury ETF has a twelve month low of $105.42 and a twelve month high of $105.90.

Hedge Funds Weigh In On Invesco Short Term Treasury ETF

Several hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC raised its position in shares of Invesco Short Term Treasury ETF by 7,000.0% in the 1st quarter. NewEdge Advisors LLC now owns 4,828 shares of the company’s stock valued at $510,000 after purchasing an additional 4,760 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in Invesco Short Term Treasury ETF in the 1st quarter worth approximately $711,000. Cerity Partners LLC grew its position in Invesco Short Term Treasury ETF by 264.5% during the 2nd quarter. Cerity Partners LLC now owns 18,988 shares of the company’s stock worth $2,004,000 after purchasing an additional 13,779 shares during the last quarter. Jane Street Group LLC grew its position in Invesco Short Term Treasury ETF by 12.6% during the 2nd quarter. Jane Street Group LLC now owns 28,304 shares of the company’s stock worth $2,987,000 after purchasing an additional 3,174 shares during the last quarter. Finally, Bank of America Corp DE grew its position in Invesco Short Term Treasury ETF by 96.4% during the 2nd quarter. Bank of America Corp DE now owns 376,723 shares of the company’s stock worth $39,759,000 after purchasing an additional 184,891 shares during 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.