Short Interest in Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) Rises By 143.7%

Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 38,483 shares, a growth of 143.7% from the May 31st total of 15,790 shares. Based on an average daily trading volume, of 26,805 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.4% of the company’s shares are sold short.

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

A number of large investors have recently bought and sold shares of PBTP. Kestra Advisory Services LLC purchased a new stake in shares of Invesco 0-5 Yr US TIPS ETF during the fourth quarter valued at approximately $42,000. Jane Street Group LLC bought a new stake in Invesco 0-5 Yr US TIPS ETF during the 2nd quarter valued at $239,000. Citadel Advisors LLC purchased a new stake in Invesco 0-5 Yr US TIPS ETF during the 3rd quarter valued at $291,000. MML Investors Services LLC boosted its position in Invesco 0-5 Yr US TIPS ETF by 9.3% during the 4th quarter. MML Investors Services LLC now owns 13,518 shares of the company’s stock valued at $350,000 after buying an additional 1,152 shares during the period. Finally, Triad Wealth Partners LLC bought a new stake in Invesco 0-5 Yr US TIPS ETF in the 4th quarter worth $380,000.

Invesco 0-5 Yr US TIPS ETF Stock Performance

PBTP opened at $25.64 on Monday. Invesco 0-5 Yr US TIPS ETF has a 12 month low of $25.53 and a 12 month high of $26.49. The business’s 50-day moving average price is $26.29 and its 200-day moving average price is $26.15.

About Invesco 0-5 Yr US TIPS ETF

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.