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

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 45,196 shares, a decrease of 89.0% from the May 31st total of 410,894 shares. Based on an average trading volume of 194,075 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC acquired a new position in Invesco Short Term Treasury ETF during the 1st quarter worth $272,000. Royal Bank of Canada raised 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 worth $23,073,000 after acquiring an additional 207,351 shares during the last quarter. Cetera Investment Advisers raised its position in shares of Invesco Short Term Treasury ETF by 42.7% during the first quarter. Cetera Investment Advisers now owns 99,732 shares of the company’s stock worth $10,527,000 after acquiring an additional 29,846 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Invesco Short Term Treasury ETF by 2.9% during the first quarter. PNC Financial Services Group Inc. now owns 1,256,438 shares of the company’s stock valued at $132,617,000 after acquiring an additional 34,927 shares during the period. Finally, Astra Wealth Partners LLC acquired a new position in shares of Invesco Short Term Treasury ETF during the first quarter valued at $1,161,000.

Invesco Short Term Treasury ETF Trading Up 0.0%

Shares of NYSEARCA TBLL traded up $0.03 during trading on Friday, reaching $105.55. The company had a trading volume of 219,043 shares, compared to its average volume of 317,375. Invesco Short Term Treasury ETF has a 52 week low of $105.40 and a 52 week high of $105.90. The business’s 50 day moving average price is $105.62 and its 200-day moving average price is $105.65.

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.