Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) Sees Large Growth in Short Interest

Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 16,646 shares, an increase of 109.5% from the October 15th total of 7,944 shares. Based on an average daily volume of 20,048 shares, the short-interest ratio is presently 0.8 days. Currently, 0.2% of the shares of the stock are sold short.

Invesco 0-5 Yr US TIPS ETF Price Performance

Shares of Invesco 0-5 Yr US TIPS ETF stock remained flat at $25.58 on Friday. The stock had a trading volume of 33,415 shares, compared to its average volume of 49,623. Invesco 0-5 Yr US TIPS ETF has a 1-year low of $25.39 and a 1-year high of $26.45. The business has a 50-day simple moving average of $25.61 and a 200-day simple moving average of $25.93.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Private Advisor Group LLC purchased a new position in shares of Invesco 0-5 Yr US TIPS ETF during the 3rd quarter valued at approximately $265,000. Harbour Investments Inc. purchased a new stake in Invesco 0-5 Yr US TIPS ETF in the 3rd quarter worth $25,000. IAG Wealth Partners LLC purchased a new stake in Invesco 0-5 Yr US TIPS ETF in the 3rd quarter worth $25,000. StoneX Group Inc. purchased a new stake in Invesco 0-5 Yr US TIPS ETF in the 3rd quarter worth $260,000. Finally, Commonwealth Equity Services LLC purchased a new stake in Invesco 0-5 Yr US TIPS ETF in the 3rd quarter worth $6,454,000.

Invesco 0-5 Yr US TIPS ETF Company Profile

The Invesco PureBeta 0-5 Yr US TIPS ETF (PBTP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury inflation-protected securities with up to five years remaining to maturity. PBTP was launched on Sep 22, 2017 and is managed by Invesco.