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

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) was the target of a large drop in short interest in the month of April. As of April 15th, there was short interest totaling 17,741 shares, a drop of 78.8% from the March 31st total of 83,746 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 470,057 shares, the short-interest ratio is currently 0.0 days.

Invesco Short Term Treasury ETF Stock Up 0.0%

NYSEARCA:TBLL traded up $0.02 during trading hours on Friday, hitting $105.56. The stock had a trading volume of 460,131 shares, compared to its average volume of 322,086. Invesco Short Term Treasury ETF has a one year low of $105.39 and a one year high of $105.90. The business’s 50 day moving average is $105.63 and its 200-day moving average is $105.67.

Institutional Investors Weigh In On Invesco Short Term Treasury ETF

Several large investors have recently bought and sold shares of the company. Invesco Ltd. increased its stake in Invesco Short Term Treasury ETF by 0.6% in the third quarter. Invesco Ltd. now owns 4,009,545 shares of the company’s stock valued at $423,568,000 after purchasing an additional 24,188 shares in the last quarter. AWM Capital LLC increased its stake in Invesco Short Term Treasury ETF by 81.4% in the third quarter. AWM Capital LLC now owns 873,605 shares of the company’s stock valued at $92,288,000 after purchasing an additional 392,052 shares in the last quarter. Osaic Holdings Inc. increased its stake in Invesco Short Term Treasury ETF by 4.8% in the fourth quarter. Osaic Holdings Inc. now owns 817,820 shares of the company’s stock valued at $86,403,000 after purchasing an additional 37,654 shares in the last quarter. Morgan Stanley increased its stake in Invesco Short Term Treasury ETF by 8.4% in the fourth quarter. Morgan Stanley now owns 784,136 shares of the company’s stock valued at $82,844,000 after purchasing an additional 60,814 shares in the last quarter. Finally, UBS Group AG increased its stake in Invesco Short Term Treasury ETF by 7.3% in the fourth quarter. UBS Group AG now owns 528,202 shares of the company’s stock valued at $55,805,000 after purchasing an additional 35,863 shares in the last quarter.

About Invesco Short Term Treasury ETF

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.