Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Sees Significant Increase in Short Interest

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 167,337 shares, a growth of 160.9% from the August 15th total of 64,150 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 625,677 shares, the short-interest ratio is presently 0.3 days.

Invesco Ultra Short Duration ETF Stock Down 0.0%

Shares of NYSEARCA:GSY traded down $0.01 during trading on Tuesday, reaching $50.12. 58,790 shares of the stock were exchanged, compared to its average volume of 803,358. Invesco Ultra Short Duration ETF has a 12-month low of $50.05 and a 12-month high of $50.39. The firm’s 50-day moving average price is $50.16 and its 200 day moving average price is $50.17.

Institutional Investors Weigh In On Invesco Ultra Short Duration ETF

Several institutional investors have recently bought and sold shares of the business. NFSG Corp grew its stake in Invesco Ultra Short Duration ETF by 30.0% during the 1st quarter. NFSG Corp now owns 1,349 shares of the company’s stock valued at $68,000 after purchasing an additional 311 shares in the last quarter. KWB Wealth boosted its stake in shares of Invesco Ultra Short Duration ETF by 3.7% during the 2nd quarter. KWB Wealth now owns 8,990 shares of the company’s stock valued at $451,000 after buying an additional 317 shares during the last quarter. Chicago Partners Investment Group LLC grew its position in shares of Invesco Ultra Short Duration ETF by 5.0% during the first quarter. Chicago Partners Investment Group LLC now owns 7,255 shares of the company’s stock worth $364,000 after buying an additional 345 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of Invesco Ultra Short Duration ETF by 15.6% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,175 shares of the company’s stock worth $159,000 after buying an additional 429 shares in the last quarter. Finally, Parallel Advisors LLC increased its stake in shares of Invesco Ultra Short Duration ETF by 24.5% in the first quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock worth $117,000 after buying an additional 460 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.