Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Sees Large Growth in Short Interest

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 171,966 shares, a growth of 101.4% from the April 15th total of 85,389 shares. Based on an average trading volume of 793,978 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On Invesco Ultra Short Duration ETF

Several institutional investors have recently added to or reduced their stakes in GSY. Hilltop Holdings Inc. grew its stake in Invesco Ultra Short Duration ETF by 2.1% during the fourth quarter. Hilltop Holdings Inc. now owns 11,615 shares of the company’s stock worth $584,000 after buying an additional 244 shares during the last quarter. Regatta Capital Group LLC raised its stake in shares of Invesco Ultra Short Duration ETF by 0.7% in the fourth quarter. Regatta Capital Group LLC now owns 36,799 shares of the company’s stock valued at $1,849,000 after acquiring an additional 264 shares during the last quarter. Ashton Thomas Private Wealth LLC boosted its holdings in shares of Invesco Ultra Short Duration ETF by 0.8% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 35,837 shares of the company’s stock worth $1,800,000 after acquiring an additional 271 shares in the last quarter. Parallel Advisors LLC grew its position in Invesco Ultra Short Duration ETF by 6.6% during the 3rd quarter. Parallel Advisors LLC now owns 4,880 shares of the company’s stock worth $245,000 after acquiring an additional 300 shares during the last quarter. Finally, NFSG Corp increased its holdings in Invesco Ultra Short Duration ETF by 30.0% during the 1st quarter. NFSG Corp now owns 1,349 shares of the company’s stock valued at $68,000 after purchasing an additional 311 shares in the last quarter.

Invesco Ultra Short Duration ETF Stock Performance

Invesco Ultra Short Duration ETF stock traded down $0.15 during mid-day trading on Monday, hitting $50.07. 663,074 shares of the company were exchanged, compared to its average volume of 866,861. The business has a fifty day moving average of $50.18 and a 200 day moving average of $50.24. Invesco Ultra Short Duration ETF has a 1-year low of $49.99 and a 1-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.