Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Short Interest Update

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,325,601 shares, an increase of 349.9% from the June 15th total of 294,621 shares. Approximately 1.8% of the shares of the stock are sold short. Based on an average trading volume of 966,354 shares, the short-interest ratio is presently 1.4 days.

Institutional Investors Weigh In On Invesco Ultra Short Duration ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Tucker Asset Management LLC acquired a new stake in Invesco Ultra Short Duration ETF during the 4th quarter worth approximately $25,000. Motiv8 Investments LLC acquired a new position in Invesco Ultra Short Duration ETF during the fourth quarter valued at approximately $31,000. Lodestone Wealth Management LLC purchased a new stake in Invesco Ultra Short Duration ETF during the fourth quarter worth approximately $33,000. Beacon Capital Management Inc. grew its stake in Invesco Ultra Short Duration ETF by 302.4% during the fourth quarter. Beacon Capital Management Inc. now owns 684 shares of the company’s stock worth $34,000 after buying an additional 514 shares during the period. Finally, SHP Wealth Management purchased a new stake in Invesco Ultra Short Duration ETF during the fourth quarter worth approximately $35,000.

Invesco Ultra Short Duration ETF Stock Performance

Shares of NYSEARCA:GSY traded up $0.01 during trading on Friday, reaching $50.20. The stock had a trading volume of 565,271 shares, compared to its average volume of 814,546. The business has a fifty day moving average price of $50.17 and a 200-day moving average price of $50.21. Invesco Ultra Short Duration ETF has a fifty-two week low of $50.05 and a fifty-two week 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.