Short Interest in Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Drops By 51.3%

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 33,152 shares, a decrease of 51.3% from the July 15th total of 68,071 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 300,689 shares, the short-interest ratio is presently 0.1 days.

Invesco Short Term Treasury ETF Stock Performance

Shares of NYSEARCA TBLL traded up $0.04 during trading on Monday, reaching $105.81. 213,209 shares of the company traded hands, compared to its average volume of 300,861. The firm has a 50 day simple moving average of $105.64 and a 200-day simple moving average of $105.63. Invesco Short Term Treasury ETF has a 52-week low of $105.42 and a 52-week high of $105.90.

Institutional Investors Weigh In On Invesco Short Term Treasury ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC raised its stake in Invesco Short Term Treasury ETF by 0.9% during the fourth quarter. Integrated Wealth Concepts LLC now owns 11,365 shares of the company’s stock valued at $1,201,000 after purchasing an additional 105 shares in the last quarter. Tidemark LLC grew its stake in shares of Invesco Short Term Treasury ETF by 21.4% in the 4th quarter. Tidemark LLC now owns 2,023 shares of the company’s stock worth $214,000 after buying an additional 357 shares in the last quarter. Mascoma Wealth Management LLC purchased a new position in shares of Invesco Short Term Treasury ETF in the 4th quarter worth $42,000. PFG Advisors increased its holdings in shares of Invesco Short Term Treasury ETF by 10.1% in the 4th quarter. PFG Advisors now owns 4,598 shares of the company’s stock worth $486,000 after buying an additional 423 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco Short Term Treasury ETF by 8.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,322 shares of the company’s stock worth $668,000 after buying an additional 515 shares during the last quarter.

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.