Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Stock Short Interest Climbs 2,094.9%

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,672,881 shares, an increase of 2,094.9% from the August 31st total of 167,337 shares. Currently, 4.6% of the company’s shares are sold short. Based on an average daily trading volume, of 1,050,907 shares, the days-to-cover ratio is presently 3.5 days.

Institutional Investors Weigh In On Invesco Ultra Short Duration ETF

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

Invesco Ultra Short Duration ETF Price Performance

Shares of Invesco Ultra Short Duration ETF stock traded up $0.03 during midday trading on Friday, reaching $49.94. 257,248 shares of the company’s stock traded hands, compared to its average volume of 844,553. The stock has a 50 day moving average of $50.13 and a 200-day moving average of $50.16. Invesco Ultra Short Duration ETF has a 12 month low of $49.90 and a 12 month high of $50.39.

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.