Short Interest in Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) Decreases By 96.4%

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 48 shares, a decrease of 96.4% from the July 30th total of 1,346 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 4,509 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Invesco Investment Grade Defensive ETF

Hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC grew its position in shares of 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 worth $1,229,000 after acquiring an additional 515 shares in the last quarter. Jane Street Group LLC raised its position in shares of Invesco Investment Grade Defensive ETF by 9.4% during the 2nd quarter. Jane Street Group LLC now owns 15,579 shares of the company’s stock valued at $385,000 after acquiring an additional 1,333 shares in the last quarter. JPMorgan Chase & Co. bought a new position in Invesco Investment Grade Defensive ETF during the second quarter worth $61,000. Raymond James Financial Inc. bought a new position in Invesco Investment Grade Defensive ETF during the second quarter worth $65,000. Finally, Trilogy Capital Inc. boosted its holdings in Invesco Investment Grade Defensive ETF by 14.5% in 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 during the period.

Invesco Investment Grade Defensive ETF Stock Performance

Shares of NYSEARCA IIGD opened at $24.34 on Thursday. Invesco Investment Grade Defensive ETF has a fifty-two week low of $24.22 and a fifty-two week high of $25.08. The business has a 50 day moving average price of $24.39 and a two-hundred day moving average price of $24.56.

Invesco Investment Grade Defensive ETF Company Profile

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.