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

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 45,196 shares, a decline of 89.0% from the May 31st total of 410,894 shares. Based on an average daily trading volume, of 194,075 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Mascoma Wealth Management LLC bought a new position in shares of Invesco Short Term Treasury ETF in the 4th quarter worth $42,000. MAI Capital Management lifted its stake in Invesco Short Term Treasury ETF by 90.0% in the third quarter. MAI Capital Management now owns 950 shares of the company’s stock valued at $100,000 after buying an additional 450 shares during the period. Robinson Value Management Ltd. bought a new position in Invesco Short Term Treasury ETF during the fourth quarter worth about $175,000. Flagship Harbor Advisors LLC bought a new position in Invesco Short Term Treasury ETF during the fourth quarter worth about $191,000. Finally, Tidemark LLC grew its position in shares of Invesco Short Term Treasury ETF by 21.4% during the 4th quarter. Tidemark LLC now owns 2,023 shares of the company’s stock worth $214,000 after buying an additional 357 shares during the period.

Invesco Short Term Treasury ETF Trading Up 0.0%

Shares of TBLL traded up $0.03 on Friday, reaching $105.55. 219,043 shares of the company’s stock were exchanged, compared to its average volume of 317,375. The business has a 50 day moving average price of $105.62 and a two-hundred day moving average price of $105.65. Invesco Short Term Treasury ETF has a 12 month low of $105.40 and a 12 month 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.