Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) Short Interest Down 96.4% in August

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 48 shares, a drop of 96.4% from the July 30th total of 1,346 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 4,509 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Invesco Investment Grade Defensive ETF

Institutional investors have recently modified their holdings of the company. LPL Financial LLC grew its stake in shares of Invesco Investment Grade Defensive ETF by 3.4% during the fourth quarter. LPL Financial LLC now owns 233,428 shares of the company’s stock worth $5,800,000 after purchasing an additional 7,726 shares in the last quarter. Core Wealth Advisors Inc. raised its stake in Invesco Investment Grade Defensive ETF by 64.9% in the first quarter. Core Wealth Advisors Inc. now owns 62,255 shares of the company’s stock valued at $1,531,000 after buying an additional 24,494 shares in the last quarter. NewEdge Advisors LLC raised its stake in Invesco Investment Grade Defensive ETF by 1.1% in the fourth quarter. NewEdge Advisors LLC now owns 49,463 shares of the company’s stock valued at $1,229,000 after buying an additional 515 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in Invesco Investment Grade Defensive ETF during the 3rd quarter worth about $846,000. Finally, Trilogy Capital Inc. lifted its holdings in Invesco Investment Grade Defensive ETF by 14.5% during the 1st quarter. Trilogy Capital Inc. now owns 33,124 shares of the company’s stock worth $815,000 after buying an additional 4,200 shares during the last quarter.

Invesco Investment Grade Defensive ETF Stock Up 0.2%

Invesco Investment Grade Defensive ETF stock traded up $0.06 during trading on Tuesday, reaching $24.35. The stock had a trading volume of 768 shares, compared to its average volume of 5,919. Invesco Investment Grade Defensive ETF has a 52-week low of $24.22 and a 52-week high of $25.08. The business has a 50 day moving average price of $24.39 and a 200 day moving average price of $24.56.

About Invesco Investment Grade Defensive ETF

The Invesco Investment Grade Defensive ETF (IIGD) is an exchange-traded fund that is based on the Invesco Investment Grade Defensive index. The fund tracks a market value-weighted index of investment-grade corporate bonds of intermediate maturities. IIGD was launched on Jul 25, 2018 and is managed by Invesco.