Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) Short Interest Down 99.6% in June

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 1 shares, a drop of 99.6% from the May 31st total of 264 shares. Based on an average daily volume of 12,733 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Invesco Investment Grade Defensive ETF

Hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. bought a new stake in Invesco Investment Grade Defensive ETF in the second quarter worth $61,000. Raymond James Financial Inc. bought a new position in shares of Invesco Investment Grade Defensive ETF during the second quarter valued at $65,000. Osaic Holdings Inc. raised its position in shares of Invesco Investment Grade Defensive ETF by 96.3% in the 2nd quarter. Osaic Holdings Inc. now owns 12,764 shares of the company’s stock worth $315,000 after purchasing an additional 6,262 shares during the last quarter. Jane Street Group LLC raised its position in shares of Invesco Investment Grade Defensive ETF by 9.4% in the 2nd quarter. Jane Street Group LLC now owns 15,579 shares of the company’s stock worth $385,000 after purchasing an additional 1,333 shares during the last quarter. Finally, Trilogy Capital Inc. raised its position in shares of Invesco Investment Grade Defensive ETF by 14.5% in the 1st quarter. Trilogy Capital Inc. now owns 33,124 shares of the company’s stock worth $815,000 after purchasing an additional 4,200 shares during the last quarter.

Invesco Investment Grade Defensive ETF Trading Up 0.1%

Shares of IIGD traded up $0.02 during trading hours on Friday, reaching $24.49. 477 shares of the company traded hands, compared to its average volume of 6,204. Invesco Investment Grade Defensive ETF has a 12 month low of $24.30 and a 12 month high of $25.08. The company’s fifty day moving average price is $24.53 and its two-hundred day moving average price is $24.70.

Invesco Investment Grade Defensive ETF Company Profile

The Invesco Investment Grade Defensive ETF (IIGD) is an exchange-traded fund that is based on the Invesco Investment Grade Defensive index. The fund tracks a market value-weighted index of investment-grade corporate bonds of intermediate maturities. IIGD was launched on Jul 25, 2018 and is managed by Invesco.