Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Shares Shorted: Short Interest Down 55.6% in September

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 40,311 shares, a drop of 55.6% from the September 15th total of 90,867 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 478,435 shares, the days-to-cover ratio is presently 0.1 days.

Invesco Short Term Treasury ETF Trading Up 0.0%

TBLL stock traded up $0.01 during midday trading on Thursday, reaching $105.73. 344,509 shares of the stock were exchanged, compared to its average volume of 310,930. Invesco Short Term Treasury ETF has a 52 week low of $105.46 and a 52 week high of $105.90. The company has a fifty day moving average price of $105.67 and a 200 day moving average price of $105.64.

Institutional Investors Weigh In On Invesco Short Term Treasury ETF

Several institutional investors and hedge funds have recently made changes to their positions in TBLL. PNC Financial Services Group Inc. raised its position in Invesco Short Term Treasury ETF by 2.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,256,438 shares of the company’s stock valued at $132,617,000 after buying an additional 34,927 shares during the last quarter. CPR Investments Inc. raised its holdings in shares of Invesco Short Term Treasury ETF by 141.2% in the first quarter. CPR Investments Inc. now owns 376,870 shares of the company’s stock valued at $39,779,000 after purchasing an additional 220,633 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Invesco Short Term Treasury ETF by 1,844.8% during the first quarter. Royal Bank of Canada now owns 218,591 shares of the company’s stock valued at $23,073,000 after purchasing an additional 207,351 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in Invesco Short Term Treasury ETF in the 1st quarter valued at about $15,043,000. Finally, Clear Retirement Advice LLC lifted its position in shares of Invesco Short Term Treasury ETF by 0.6% during the 1st quarter. Clear Retirement Advice LLC now owns 112,551 shares of the company’s stock worth $11,880,000 after buying an additional 645 shares in the last quarter.

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.