Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Sees Significant Decrease in Short Interest

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 90,867 shares, a decline of 39.3% from the August 31st total of 149,784 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 259,662 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. grew its stake in shares of Invesco Short Term Treasury ETF by 2.9% in the first quarter. PNC Financial Services Group Inc. now owns 1,256,438 shares of the company’s stock worth $132,617,000 after acquiring an additional 34,927 shares during the last quarter. CPR Investments Inc. boosted its stake in shares of Invesco Short Term Treasury ETF by 141.2% in the 1st quarter. CPR Investments Inc. now owns 376,870 shares of the company’s stock worth $39,779,000 after buying an additional 220,633 shares during the last quarter. Royal Bank of Canada increased its position in shares of Invesco Short Term Treasury ETF by 1,844.8% during the 1st 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 during the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of Invesco Short Term Treasury ETF during the 1st quarter worth $15,043,000. Finally, Convergence Financial LLC raised its stake in shares of Invesco Short Term Treasury ETF by 9.1% in the fourth quarter. Convergence Financial LLC now owns 127,610 shares of the company’s stock worth $13,482,000 after buying an additional 10,684 shares during the period.

Invesco Short Term Treasury ETF Trading Up 0.0%

Shares of TBLL stock traded up $0.04 during trading hours on Friday, hitting $105.62. 197,678 shares of the company’s stock were exchanged, compared to its average volume of 314,811. Invesco Short Term Treasury ETF has a 12-month low of $105.46 and a 12-month high of $105.90. The business’s 50 day simple moving average is $105.65 and its 200-day simple moving average is $105.63.

About Invesco Short Term Treasury ETF

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.