Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Short Interest Up 96.0% in March

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) saw a significant increase in short interest in March. As of March 13th, there was short interest totaling 140,503 shares, an increase of 96.0% from the February 26th total of 71,667 shares. Based on an average daily volume of 682,308 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.7% of the shares of the company are sold short.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Astra Wealth Partners LLC increased its stake in Invesco Short Term Treasury ETF by 184.8% in the 3rd quarter. Astra Wealth Partners LLC now owns 23,972 shares of the company’s stock worth $2,532,000 after purchasing an additional 15,556 shares in the last quarter. Dock Street Asset Management Inc. lifted its stake in Invesco Short Term Treasury ETF by 142.9% during the third quarter. Dock Street Asset Management Inc. now owns 183,800 shares of the company’s stock valued at $19,417,000 after buying an additional 108,134 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Invesco Short Term Treasury ETF by 5.6% in the second quarter. Osaic Holdings Inc. now owns 755,431 shares of the company’s stock worth $79,728,000 after buying an additional 40,077 shares during the period. Miracle Mile Advisors LLC boosted its holdings in shares of Invesco Short Term Treasury ETF by 23.1% in the third quarter. Miracle Mile Advisors LLC now owns 400,957 shares of the company’s stock worth $42,357,000 after buying an additional 75,361 shares during the period. Finally, CPR Investments Inc. increased its position in shares of Invesco Short Term Treasury ETF by 28.9% in the third quarter. CPR Investments Inc. now owns 175,174 shares of the company’s stock worth $18,505,000 after acquiring an additional 39,260 shares in the last quarter.

Invesco Short Term Treasury ETF Price Performance

Shares of NYSEARCA TBLL traded up $0.04 during midday trading on Friday, reaching $105.53. 309,663 shares of the company traded hands, compared to its average volume of 308,033. Invesco Short Term Treasury ETF has a 52 week low of $105.39 and a 52 week high of $105.90. The stock has a 50-day moving average price of $105.64 and a 200 day moving average price of $105.68.

Invesco Short Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were paid a $0.3231 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, February 23rd.

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.