Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) Shares Shorted: Short Interest Up 109.5% in October

Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 16,646 shares, an increase of 109.5% from the October 15th total of 7,944 shares. Based on an average daily trading volume, of 20,048 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On Invesco 0-5 Yr US TIPS ETF

Several large investors have recently added to or reduced their stakes in the company. Private Advisor Group LLC bought a new position in shares of Invesco 0-5 Yr US TIPS ETF in the third quarter worth approximately $265,000. Harbour Investments Inc. bought a new position in Invesco 0-5 Yr US TIPS ETF in the 3rd quarter worth approximately $25,000. IAG Wealth Partners LLC purchased a new stake in Invesco 0-5 Yr US TIPS ETF during the 3rd quarter valued at approximately $25,000. StoneX Group Inc. purchased a new stake in Invesco 0-5 Yr US TIPS ETF during the 3rd quarter valued at approximately $260,000. Finally, Commonwealth Equity Services LLC purchased a new stake in Invesco 0-5 Yr US TIPS ETF during the 3rd quarter valued at approximately $6,454,000.

Invesco 0-5 Yr US TIPS ETF Stock Performance

Shares of BATS:PBTP remained flat at $25.58 during mid-day trading on Friday. The company had a trading volume of 33,415 shares, compared to its average volume of 49,623. The stock’s 50 day simple moving average is $25.61 and its 200 day simple moving average is $25.93. Invesco 0-5 Yr US TIPS ETF has a 52 week low of $25.39 and a 52 week high of $26.45.

Invesco 0-5 Yr US TIPS ETF Company Profile

The Invesco PureBeta 0-5 Yr US TIPS ETF (PBTP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury inflation-protected securities with up to five years remaining to maturity. PBTP was launched on Sep 22, 2017 and is managed by Invesco.