Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Shares Shorted: Short Interest Down 91.4% in September

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 315,535 shares, a decrease of 91.4% from the September 15th total of 3,672,881 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 1,560,072 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Invesco Ultra Short Duration ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE grew its stake in Invesco Ultra Short Duration ETF by 152.9% during the first quarter. Bank of America Corp DE now owns 2,893,767 shares of the company’s stock valued at $145,036,000 after acquiring an additional 1,749,388 shares in the last quarter. Capital Asset Advisory Services LLC boosted its holdings in Invesco Ultra Short Duration ETF by 17.5% in the 1st quarter. Capital Asset Advisory Services LLC now owns 1,468,130 shares of the company’s stock valued at $73,568,000 after purchasing an additional 218,741 shares during the period. Axxcess Wealth Management LLC boosted its holdings in Invesco Ultra Short Duration ETF by 6.2% in the 1st quarter. Axxcess Wealth Management LLC now owns 1,435,698 shares of the company’s stock valued at $71,957,000 after purchasing an additional 83,509 shares during the period. Cetera Investment Advisers boosted its holdings in Invesco Ultra Short Duration ETF by 23.9% in the 1st quarter. Cetera Investment Advisers now owns 1,377,756 shares of the company’s stock valued at $69,053,000 after purchasing an additional 265,615 shares during the period. Finally, Gradient Investments LLC purchased a new position in shares of Invesco Ultra Short Duration ETF during the 3rd quarter valued at $51,672,000.

Invesco Ultra Short Duration ETF Stock Up 0.0%

NYSEARCA GSY traded up $0.02 during trading hours on Friday, hitting $50.04. The company had a trading volume of 870,093 shares, compared to its average volume of 857,708. Invesco Ultra Short Duration ETF has a 52 week low of $49.90 and a 52 week high of $50.39. The firm has a 50 day simple moving average of $50.10 and a 200 day simple moving average of $50.14.

Invesco Ultra Short Duration ETF Company Profile

The Invesco Ultra Short Duration ETF (GSY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to outperform the Barclays Capital 1-3 Month U.S. Treasury Bill Index by investing in a diverse portfolio of investment-grade securities. GSY was launched on Feb 12, 2008 and is managed by Invesco.