Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) Stock Short Interest Report for October

Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) saw a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 50,716 shares, an increase of 241.6% from the October 15th total of 14,848 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 215,571 shares, the days-to-cover ratio is presently 0.2 days.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Performance

GOVI traded down $0.25 during midday trading on Thursday, reaching $25.75. The company’s stock had a trading volume of 73,480 shares, compared to its average volume of 371,141. The company has a fifty day simple moving average of $25.85 and a 200 day simple moving average of $26.80. Invesco Equal Weight 0-30 Year Treasury ETF has a twelve month low of $25.04 and a twelve month high of $28.23.

Invesco Equal Weight 0-30 Year Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were paid a $0.0921 dividend. The ex-dividend date was Monday, October 19th. This is a negative change from Invesco Equal Weight 0-30 Year Treasury ETF’s previous monthly dividend of $0.0926. This represents a $1.11 annualized dividend and a dividend yield of 4.3%.

Hedge Funds Weigh In On Invesco Equal Weight 0-30 Year Treasury ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Ascentis Independent Advisors acquired a new position in Invesco Equal Weight 0-30 Year Treasury ETF during the 1st quarter valued at $27,000. Ashton Thomas Private Wealth LLC acquired a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the 3rd quarter worth $46,000. Harbour Investments Inc. acquired a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the 3rd quarter worth $88,000. Fifth Third Bancorp acquired a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the 1st quarter worth $142,000. Finally, CoreCap Advisors LLC increased its holdings in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 1,149.3% during the 2nd quarter. CoreCap Advisors LLC now owns 6,709 shares of the company’s stock worth $182,000 after purchasing an additional 6,172 shares during the period.

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.