Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) Short Interest Up ∞ in July

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 141 shares, an increase of ∞ from the June 30th total of 0 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 7,121 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. bought a new position in Invesco Investment Grade Defensive ETF during the 2nd quarter worth $61,000. Raymond James Financial Inc. acquired a new stake in shares of Invesco Investment Grade Defensive ETF during the 2nd quarter worth $65,000. Osaic Holdings Inc. grew its holdings in shares of Invesco Investment Grade Defensive ETF by 96.3% during 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 in the last quarter. Jane Street Group LLC increased its position in shares of Invesco Investment Grade Defensive ETF by 9.4% in the second 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 period. Finally, Trilogy Capital Inc. increased its position in shares of Invesco Investment Grade Defensive ETF by 14.5% in the first 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 period.

Invesco Investment Grade Defensive ETF Stock Performance

Shares of IIGD traded down $0.01 during midday trading on Wednesday, hitting $24.30. The stock had a trading volume of 2,174 shares, compared to its average volume of 6,249. The company has a 50 day simple moving average of $24.43 and a two-hundred day simple moving average of $24.63. Invesco Investment Grade Defensive ETF has a twelve month low of $24.22 and a twelve month high of $25.08.

About Invesco Investment Grade Defensive ETF

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.