Short Interest in Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Rises By 122.1%

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 71,667 shares, an increase of 122.1% from the February 12th total of 32,268 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 390,588 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 390,588 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Trading of Invesco Short Term Treasury ETF

Several institutional investors have recently made changes to their positions in TBLL. Mascoma Wealth Management LLC acquired a new stake in shares of Invesco Short Term Treasury ETF during the 4th quarter worth $42,000. Quaker Wealth Management LLC boosted its holdings in Invesco Short Term Treasury ETF by 39.4% in the third quarter. Quaker Wealth Management LLC now owns 513 shares of the company’s stock valued at $54,000 after acquiring an additional 145 shares during the last quarter. MAI Capital Management grew its position in Invesco Short Term Treasury ETF by 90.0% during the third quarter. MAI Capital Management now owns 950 shares of the company’s stock valued at $100,000 after acquiring an additional 450 shares during the period. Robinson Value Management Ltd. purchased a new stake in Invesco Short Term Treasury ETF during the fourth quarter valued at about $175,000. Finally, Tidemark LLC increased its stake in Invesco Short Term Treasury ETF by 24.1% during the third quarter. Tidemark LLC now owns 1,666 shares of the company’s stock worth $176,000 after acquiring an additional 324 shares during the last quarter.

Invesco Short Term Treasury ETF Price Performance

TBLL opened at $105.70 on Friday. Invesco Short Term Treasury ETF has a 1 year low of $105.39 and a 1 year high of $105.90. The company’s 50 day simple moving average is $105.66 and its 200 day simple moving average is $105.68.

Invesco Short Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were issued a $0.3231 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Monday, February 23rd.

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.