Invesco Ultra Short Duration ETF (NYSEARCA:GSY – Get Free Report) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 64,150 shares, a drop of 88.2% from the July 30th total of 545,787 shares. Based on an average daily trading volume, of 1,049,439 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.
Institutional Investors Weigh In On Invesco Ultra Short Duration ETF
A number of institutional investors have recently modified their holdings of the company. Tucker Asset Management LLC bought a new stake in Invesco Ultra Short Duration ETF during the fourth quarter valued at $25,000. Motiv8 Investments LLC acquired a new position in shares of Invesco Ultra Short Duration ETF in the 4th quarter valued at about $31,000. Beacon Capital Management Inc. boosted its position in shares of Invesco Ultra Short Duration ETF by 302.4% during the 4th quarter. Beacon Capital Management Inc. now owns 684 shares of the company’s stock valued at $34,000 after purchasing an additional 514 shares in the last quarter. SHP Wealth Management bought a new stake in shares of Invesco Ultra Short Duration ETF during the 4th quarter valued at about $35,000. Finally, NFSG Corp grew its stake in Invesco Ultra Short Duration ETF by 30.0% during the first quarter. NFSG Corp now owns 1,349 shares of the company’s stock worth $68,000 after purchasing an additional 311 shares during the period.
Invesco Ultra Short Duration ETF Price Performance
Shares of Invesco Ultra Short Duration ETF stock remained flat at $50.13 on Wednesday. The stock had a trading volume of 208,480 shares, compared to its average volume of 794,481. The company has a fifty day moving average of $50.17 and a 200 day moving average of $50.19. Invesco Ultra Short Duration ETF has a one year low of $50.05 and a one year high of $50.39.
About Invesco Ultra Short Duration ETF
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.
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