Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) Short Interest Down 96.4% in August

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 48 shares, a drop of 96.4% from the July 30th total of 1,346 shares. Based on an average daily volume of 4,509 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Invesco Investment Grade Defensive ETF Stock Up 0.2%

Shares of NYSEARCA:IIGD traded up $0.06 during trading on Tuesday, hitting $24.35. 768 shares of the company were exchanged, compared to its average volume of 5,919. Invesco Investment Grade Defensive ETF has a 12-month low of $24.22 and a 12-month high of $25.08. The firm’s 50 day moving average price is $24.39 and its 200-day moving average price is $24.56.

Institutional Investors Weigh In On Invesco Investment Grade Defensive ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IIGD. Core Wealth Advisors Inc. lifted its position in Invesco Investment Grade Defensive ETF by 64.9% in the first quarter. Core Wealth Advisors Inc. now owns 62,255 shares of the company’s stock valued at $1,531,000 after acquiring an additional 24,494 shares during the last quarter. Trilogy Capital Inc. grew its holdings in shares of Invesco Investment Grade Defensive ETF by 14.5% during the first quarter. Trilogy Capital Inc. now owns 33,124 shares of the company’s stock worth $815,000 after purchasing an additional 4,200 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Invesco Investment Grade Defensive ETF by 1.1% during the fourth quarter. NewEdge Advisors LLC now owns 49,463 shares of the company’s stock worth $1,229,000 after purchasing an additional 515 shares during the last quarter. LPL Financial LLC increased its position in shares of Invesco Investment Grade Defensive ETF by 3.4% during the fourth quarter. LPL Financial LLC now owns 233,428 shares of the company’s stock worth $5,800,000 after purchasing an additional 7,726 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Invesco Investment Grade Defensive ETF during the third quarter worth about $846,000.

Invesco Investment Grade Defensive ETF Company Profile

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.