Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) Stock Short Interest Report for October

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) was the recipient of a large decrease in short interest in October. As of October 30th, there was short interest totaling 621 shares, a decrease of 87.5% from the October 15th total of 4,955 shares. Based on an average daily volume of 4,313 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Trading of Invesco Investment Grade Defensive ETF

A number of hedge funds have recently bought and sold shares of the company. Citadel Advisors LLC boosted its stake in Invesco Investment Grade Defensive ETF by 137.1% in the second quarter. Citadel Advisors LLC now owns 57,170 shares of the company’s stock worth $1,398,000 after buying an additional 33,057 shares in the last quarter. Core Wealth Advisors Inc. raised its stake in shares of Invesco Investment Grade Defensive ETF by 64.9% during the first quarter. Core Wealth Advisors Inc. now owns 62,255 shares of the company’s stock worth $1,531,000 after acquiring an additional 24,494 shares in the last quarter. Finally, HighTower Advisors LLC purchased a new position in shares of Invesco Investment Grade Defensive ETF during the third quarter worth approximately $381,000.

Invesco Investment Grade Defensive ETF Price Performance

Shares of IIGD traded down $0.09 during midday trading on Thursday, reaching $23.91. The stock had a trading volume of 7,403 shares, compared to its average volume of 6,088. The company’s 50-day moving average is $23.98 and its 200 day moving average is $24.42. Invesco Investment Grade Defensive ETF has a 12-month low of $23.76 and a 12-month high of $24.98.

About Invesco Investment Grade Defensive ETF

The Invesco Investment Grade Defensive ETF (IIGD) is an exchange-traded fund that is based on the Invesco Investment Grade Defensive index. The fund tracks a market value-weighted index of investment-grade corporate bonds of intermediate maturities. IIGD was launched on Jul 25, 2018 and is managed by Invesco.