Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) Short Interest Update

Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 137,975 shares, a drop of 40.8% from the August 15th total of 233,188 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 153,245 shares, the days-to-cover ratio is presently 0.9 days.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Up 0.8%

GOVI traded up $0.20 during midday trading on Thursday, reaching $26.17. The company had a trading volume of 146,549 shares, compared to its average volume of 395,364. Invesco Equal Weight 0-30 Year Treasury ETF has a 12-month low of $25.91 and a 12-month high of $28.32. The business has a 50-day moving average price of $26.46 and a two-hundred day moving average price of $26.94.

Invesco Equal Weight 0-30 Year Treasury ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were given a dividend of $0.0924 per share. The ex-dividend date was Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 4.2%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Ascentis Independent Advisors bought a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the first quarter worth approximately $27,000. Operose Advisors LLC purchased a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the fourth quarter valued at approximately $38,000. Fifth Third Bancorp purchased a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the first quarter valued at approximately $142,000. CoreCap Advisors LLC lifted its position in Invesco Equal Weight 0-30 Year Treasury ETF by 1,149.3% during the second quarter. CoreCap Advisors LLC now owns 6,709 shares of the company’s stock valued at $182,000 after purchasing an additional 6,172 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its position in Invesco Equal Weight 0-30 Year Treasury ETF by 26.3% during the fourth quarter. Sequoia Financial Advisors LLC now owns 9,826 shares of the company’s stock valued at $271,000 after purchasing an additional 2,044 shares during the last quarter.

About Invesco Equal Weight 0-30 Year Treasury ETF

The Invesco Equal Weight 0-30 Year Treasury ETF (GOVI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that invests in an equal-weighted 30-year ladder of US Treasury securities. GOVI was launched on Oct 11, 2007 and is issued by Invesco.