Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) Short Interest Update

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 4,277 shares, a decrease of 57.8% from the December 15th total of 10,134 shares. Based on an average daily volume of 8,628 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the shares of the stock are short sold. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 8,628 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Invesco Investment Grade Defensive ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. acquired a new stake in Invesco Investment Grade Defensive ETF during the second quarter worth about $61,000. Raymond James Financial Inc. acquired a new stake in Invesco Investment Grade Defensive ETF during the 2nd quarter worth approximately $65,000. Collier Financial acquired a new stake in Invesco Investment Grade Defensive ETF during the 3rd quarter worth approximately $160,000. Osaic Holdings Inc. raised its holdings in Invesco Investment Grade Defensive ETF by 96.3% in the second 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 period. Finally, Jane Street Group LLC lifted its position in Invesco Investment Grade Defensive ETF by 9.4% during the second 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 in the last quarter.

Invesco Investment Grade Defensive ETF Trading Up 0.1%

Shares of Invesco Investment Grade Defensive ETF stock traded up $0.02 during trading on Wednesday, hitting $24.89. 3,300 shares of the company were exchanged, compared to its average volume of 3,900. Invesco Investment Grade Defensive ETF has a fifty-two week low of $23.92 and a fifty-two week high of $25.08. The firm has a 50 day moving average price of $24.86 and a 200 day moving average price of $24.81.

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.