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

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 33,152 shares, a decrease of 51.3% from the July 15th total of 68,071 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 300,689 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Invesco Short Term Treasury ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TBLL. CPR Investments Inc. lifted its stake in shares of Invesco Short Term Treasury ETF by 141.2% in the first quarter. CPR Investments Inc. now owns 376,870 shares of the company’s stock worth $39,779,000 after buying an additional 220,633 shares during the last quarter. Royal Bank of Canada raised its holdings in Invesco Short Term Treasury ETF by 1,844.8% in the 1st quarter. Royal Bank of Canada now owns 218,591 shares of the company’s stock worth $23,073,000 after acquiring an additional 207,351 shares during the period. Bank of America Corp DE raised its holdings in Invesco Short Term Treasury ETF by 96.4% in the 2nd quarter. Bank of America Corp DE now owns 376,723 shares of the company’s stock worth $39,759,000 after acquiring an additional 184,891 shares during the period. Janney Montgomery Scott LLC acquired a new position in Invesco Short Term Treasury ETF during the 1st quarter worth $15,043,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Invesco Short Term Treasury ETF by 2,130.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 129,496 shares of the company’s stock worth $13,681,000 after acquiring an additional 123,689 shares during the last quarter.

Invesco Short Term Treasury ETF Stock Performance

Shares of NYSEARCA TBLL traded up $0.01 during mid-day trading on Tuesday, reaching $105.82. 40,519 shares of the company traded hands, compared to its average volume of 299,230. The company’s fifty day moving average is $105.64 and its two-hundred day moving average is $105.63. Invesco Short Term Treasury ETF has a fifty-two week low of $105.44 and a fifty-two week high of $105.90.

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.