Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) Sees Significant Growth in Short Interest

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 141 shares, an increase of ∞ from the June 30th total of 0 shares. Based on an average trading volume of 7,121 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Core Wealth Advisors Inc. raised its position in Invesco Investment Grade Defensive ETF by 64.9% in the 1st quarter. Core Wealth Advisors Inc. now owns 62,255 shares of the company’s stock worth $1,531,000 after purchasing an additional 24,494 shares during the last quarter. Trilogy Capital Inc. boosted its position in Invesco Investment Grade Defensive ETF by 14.5% in the 1st quarter. Trilogy Capital Inc. now owns 33,124 shares of the company’s stock valued at $815,000 after buying an additional 4,200 shares during the last quarter. Osaic Holdings Inc. boosted its position in Invesco Investment Grade Defensive ETF by 96.3% in the 2nd quarter. Osaic Holdings Inc. now owns 12,764 shares of the company’s stock valued at $315,000 after buying an additional 6,262 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Invesco Investment Grade Defensive ETF by 9.4% in the 2nd quarter. Jane Street Group LLC now owns 15,579 shares of the company’s stock valued at $385,000 after buying an additional 1,333 shares during the period. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Invesco Investment Grade Defensive ETF in the 3rd quarter valued at $846,000.

Invesco Investment Grade Defensive ETF Stock Down 0.0%

Invesco Investment Grade Defensive ETF stock traded down $0.01 during mid-day trading on Wednesday, hitting $24.30. The company’s stock had a trading volume of 2,174 shares, compared to its average volume of 6,249. Invesco Investment Grade Defensive ETF has a 52-week low of $24.22 and a 52-week high of $25.08. The firm’s 50 day moving average is $24.43 and its 200 day moving average is $24.63.

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.