Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Short Interest Down 57.6% in July

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 561,772 shares, a decline of 57.6% from the June 30th total of 1,325,601 shares. Based on an average daily trading volume, of 629,665 shares, the short-interest ratio is presently 0.9 days. Currently, 0.7% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Hilltop Holdings Inc. boosted its position in Invesco Ultra Short Duration ETF by 2.1% in the fourth quarter. Hilltop Holdings Inc. now owns 11,615 shares of the company’s stock valued at $584,000 after buying an additional 244 shares during the last quarter. Parallel Advisors LLC lifted its stake in Invesco Ultra Short Duration ETF by 6.6% during the 3rd quarter. Parallel Advisors LLC now owns 4,880 shares of the company’s stock valued at $245,000 after acquiring an additional 300 shares during the period. NFSG Corp boosted its holdings in shares of Invesco Ultra Short Duration ETF by 30.0% in the 1st quarter. NFSG Corp now owns 1,349 shares of the company’s stock valued at $68,000 after acquiring an additional 311 shares during the last quarter. KWB Wealth boosted its holdings in shares of Invesco Ultra Short Duration ETF by 3.7% in the 2nd quarter. KWB Wealth now owns 8,990 shares of the company’s stock valued at $451,000 after acquiring an additional 317 shares during the last quarter. Finally, Stratos Wealth Partners LTD. increased its stake in shares of Invesco Ultra Short Duration ETF by 2.3% in the fourth quarter. Stratos Wealth Partners LTD. now owns 14,838 shares of the company’s stock worth $746,000 after acquiring an additional 338 shares during the period.

Invesco Ultra Short Duration ETF Price Performance

Shares of GSY remained flat at $50.10 during trading hours on Tuesday. 902,864 shares of the stock were exchanged, compared to its average volume of 789,996. The stock has a 50-day simple moving average of $50.16 and a two-hundred day simple moving average of $50.20. Invesco Ultra Short Duration ETF has a 12-month low of $50.05 and a 12-month high of $50.39.

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.