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

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 1 shares, a decline of 99.6% from the May 31st total of 264 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 12,733 shares, the days-to-cover ratio is presently 0.0 days.

Invesco Investment Grade Defensive ETF Stock Performance

NYSEARCA:IIGD traded up $0.02 during trading hours on Thursday, reaching $24.47. 5,917 shares of the company were exchanged, compared to its average volume of 6,252. Invesco Investment Grade Defensive ETF has a twelve month low of $24.30 and a twelve month high of $25.08. The stock’s 50-day moving average is $24.53 and its 200-day moving average is $24.70.

Institutional Investors Weigh In On Invesco Investment Grade Defensive ETF

Large investors have recently bought and sold shares of the company. Core Wealth Advisors Inc. boosted its stake in shares of Invesco Investment Grade Defensive ETF by 64.9% in the first quarter. Core Wealth Advisors Inc. now owns 62,255 shares of the company’s stock worth $1,531,000 after acquiring an additional 24,494 shares during the last quarter. Trilogy Capital Inc. increased its position in shares of Invesco Investment Grade Defensive ETF by 14.5% during the first quarter. Trilogy Capital Inc. now owns 33,124 shares of the company’s stock worth $815,000 after purchasing an additional 4,200 shares in the last quarter. NewEdge Advisors LLC raised its stake in Invesco Investment Grade Defensive ETF by 1.1% in the 4th quarter. NewEdge Advisors LLC now owns 49,463 shares of the company’s stock valued at $1,229,000 after purchasing an additional 515 shares during the last quarter. LPL Financial LLC raised its stake in Invesco Investment Grade Defensive ETF by 3.4% in the 4th quarter. LPL Financial LLC now owns 233,428 shares of the company’s stock valued at $5,800,000 after purchasing an additional 7,726 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in Invesco Investment Grade Defensive ETF in the 3rd quarter valued at $846,000.

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.