Short Interest in Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Rises By 59.4%

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 52,853 shares, a growth of 59.4% from the July 30th total of 33,152 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 224,328 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Invesco Short Term Treasury ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Mutual Advisors LLC acquired a new position in shares of Invesco Short Term Treasury ETF in the 4th quarter worth approximately $603,000. Convergence Financial LLC boosted its position in shares of Invesco Short Term Treasury ETF by 9.1% during the 4th quarter. Convergence Financial LLC now owns 127,610 shares of the company’s stock worth $13,482,000 after purchasing an additional 10,684 shares during the period. Rockefeller Capital Management L.P. increased its holdings in Invesco Short Term Treasury ETF by 62.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 14,068 shares of the company’s stock valued at $1,486,000 after purchasing an additional 5,434 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in Invesco Short Term Treasury ETF in the 4th quarter valued at approximately $2,974,000. Finally, Brasada Capital Management LP raised its position in Invesco Short Term Treasury ETF by 260.4% in the fourth quarter. Brasada Capital Management LP now owns 50,125 shares of the company’s stock valued at $5,298,000 after purchasing an additional 36,218 shares during the period.

Invesco Short Term Treasury ETF Stock Up 0.0%

TBLL stock opened at $105.65 on Thursday. The firm’s 50 day moving average price is $105.64 and its 200-day moving average price is $105.64. Invesco Short Term Treasury ETF has a one year low of $105.46 and a one year 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.