Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Shares Shorted: Short Interest Down 55.6% in September

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 40,311 shares, a decline of 55.6% from the September 15th total of 90,867 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 478,435 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Invesco Short Term Treasury ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Councilor Wealth LLC purchased a new stake in Invesco Short Term Treasury ETF during the third quarter valued at about $1,185,000. Stableford Capital II LLC purchased a new position in shares of Invesco Short Term Treasury ETF in the third quarter worth about $216,000. Whalen Wealth Management Inc. bought a new stake in shares of Invesco Short Term Treasury ETF in the third quarter valued at approximately $260,000. Crumly & Associates Inc. bought a new stake in shares of Invesco Short Term Treasury ETF in the third quarter valued at approximately $262,000. Finally, Citadel Advisors LLC purchased a new stake in shares of Invesco Short Term Treasury ETF during the 2nd quarter valued at approximately $766,000.

Invesco Short Term Treasury ETF Stock Up 0.0%

Shares of NYSEARCA TBLL traded up $0.01 during trading on Tuesday, reaching $105.72. 189,978 shares of the stock traded hands, compared to its average volume of 311,355. Invesco Short Term Treasury ETF has a 52-week low of $105.46 and a 52-week high of $105.90. The company has a 50-day moving average of $105.67 and a 200-day moving average of $105.63.

About Invesco Short Term Treasury ETF

The Invesco Short Term Treasury ETF (TBLL) is an exchange-traded fund that is based on the ICE US Treasury Short Bond index. The fund tracks a market-weighted index of debt issued by the US Treasury. Remaining maturity must be between 1-12 months. TBLL was launched on Jan 12, 2017 and is issued by Invesco.