Invesco Short Term Treasury ETF (NYSEARCA:TBLL – Get Free Report) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 149,784 shares, a growth of 183.4% from the August 15th total of 52,853 shares. Based on an average daily trading volume, of 402,874 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.6% of the shares of the company are short sold.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the stock. Highland Investment Advisors LLC purchased a new stake in Invesco Short Term Treasury ETF in the second quarter worth approximately $209,000. Tidemark LLC raised its stake in Invesco Short Term Treasury ETF by 21.4% during the 4th quarter. Tidemark LLC now owns 2,023 shares of the company’s stock valued at $214,000 after buying an additional 357 shares during the last quarter. StoneX Group Inc. purchased a new stake in Invesco Short Term Treasury ETF during the 4th quarter valued at $244,000. CIBC Bancorp USA Inc. bought a new position in shares of Invesco Short Term Treasury ETF during the 3rd quarter valued at $245,000. Finally, EverSource Wealth Advisors LLC bought a new position in shares of Invesco Short Term Treasury ETF during the 1st quarter valued at $272,000.
Invesco Short Term Treasury ETF Price Performance
Shares of NYSEARCA:TBLL opened at $105.72 on Friday. The business has a 50-day simple moving average of $105.66 and a two-hundred day simple moving average of $105.63. Invesco Short Term Treasury ETF has a fifty-two week low of $105.46 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.
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