Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Short Interest Down 57.6% in July

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 561,772 shares, a decline of 57.6% from the June 30th total of 1,325,601 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 629,665 shares, the short-interest ratio is presently 0.9 days.

Invesco Ultra Short Duration ETF Stock Up 0.0%

Shares of NYSEARCA:GSY traded up $0.02 during mid-day trading on Wednesday, reaching $50.12. 508,825 shares of the stock were exchanged, compared to its average volume of 787,884. Invesco Ultra Short Duration ETF has a one year low of $50.05 and a one year high of $50.39. The stock’s 50 day simple moving average is $50.16 and its 200-day simple moving average is $50.20.

Hedge Funds Weigh In On Invesco Ultra Short Duration ETF

A number of large investors have recently bought and sold shares of the company. KWB Wealth raised its holdings in shares of Invesco Ultra Short Duration ETF by 3.7% in the second quarter. KWB Wealth now owns 8,990 shares of the company’s stock valued at $451,000 after purchasing an additional 317 shares during the last quarter. Fulcrum Equity Management boosted its holdings in Invesco Ultra Short Duration ETF by 34.0% during the second quarter. Fulcrum Equity Management now owns 18,338 shares of the company’s stock worth $920,000 after purchasing an additional 4,651 shares during the last quarter. World Equity Group Inc. grew its position in Invesco Ultra Short Duration ETF by 32.6% in the second quarter. World Equity Group Inc. now owns 12,838 shares of the company’s stock valued at $644,000 after purchasing an additional 3,158 shares in the last quarter. Focus Financial Network Inc. bought a new position in Invesco Ultra Short Duration ETF in the second quarter valued at $1,078,000. Finally, Beacon Investment Advisory Services Inc. increased its stake in Invesco Ultra Short Duration ETF by 69.5% in the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 104,702 shares of the company’s stock valued at $5,251,000 after buying an additional 42,930 shares during the last quarter.

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.