Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) Shares Shorted: Short Interest Down 90.1% in October

Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 14,848 shares, a decline of 90.1% from the September 30th total of 149,773 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 304,809 shares, the days-to-cover ratio is currently 0.0 days.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Performance

NASDAQ GOVI traded up $0.05 on Monday, reaching $26.05. The stock had a trading volume of 131,181 shares, compared to its average volume of 382,133. The firm has a fifty day moving average of $25.93 and a two-hundred day moving average of $26.58. Invesco Equal Weight 0-30 Year Treasury ETF has a 1-year low of $25.04 and a 1-year high of $28.30.

Invesco Equal Weight 0-30 Year Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were given a $0.0921 dividend. The ex-dividend date of this dividend was Monday, October 19th. This is a drop from Invesco Equal Weight 0-30 Year Treasury ETF’s previous monthly dividend of $0.0926. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.2%.

Institutional Trading of Invesco Equal Weight 0-30 Year Treasury ETF

Several hedge funds and other institutional investors have recently bought and sold shares of GOVI. Ascentis Independent Advisors bought a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the 1st quarter valued at about $27,000. Fifth Third Bancorp bought a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the first quarter worth approximately $142,000. CoreCap Advisors LLC increased its holdings in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 1,149.3% during the second quarter. CoreCap Advisors LLC now owns 6,709 shares of the company’s stock worth $182,000 after purchasing an additional 6,172 shares during the period. Prime Capital Investment Advisors LLC acquired a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the third quarter valued at approximately $219,000. Finally, Sequoia Financial Advisors LLC raised its position in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 12.6% in the second quarter. Sequoia Financial Advisors LLC now owns 10,545 shares of the company’s stock valued at $286,000 after buying an additional 1,176 shares in the last quarter.

Invesco Equal Weight 0-30 Year Treasury ETF Company Profile

The Invesco Equal Weight 0-30 Year Treasury ETF (GOVI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that invests in an equal-weighted 30-year ladder of US Treasury securities. GOVI was launched on Oct 11, 2007 and is issued by Invesco.