Invesco 0-5 Yr US TIPS ETF (BATS:PBTP – Get Free Report) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 8,090 shares, a growth of 124.0% from the July 15th total of 3,612 shares. Based on an average daily volume of 50,647 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the shares of the company are short sold.
Hedge Funds Weigh In On Invesco 0-5 Yr US TIPS ETF
A number of institutional investors and hedge funds have recently modified their holdings of the company. Kestra Advisory Services LLC purchased a new stake in Invesco 0-5 Yr US TIPS ETF during the fourth quarter valued at $42,000. Jane Street Group LLC bought a new position in Invesco 0-5 Yr US TIPS ETF in the second quarter valued at about $239,000. Citadel Advisors LLC bought a new position in Invesco 0-5 Yr US TIPS ETF in the third quarter valued at about $291,000. MML Investors Services LLC boosted its position in Invesco 0-5 Yr US TIPS ETF by 9.3% in the fourth quarter. MML Investors Services LLC now owns 13,518 shares of the company’s stock worth $350,000 after purchasing an additional 1,152 shares during the last quarter. Finally, Compass Financial Management LLC purchased a new position in Invesco 0-5 Yr US TIPS ETF in the second quarter worth about $424,000.
Invesco 0-5 Yr US TIPS ETF Price Performance
BATS:PBTP opened at $25.70 on Friday. The company has a 50 day simple moving average of $25.80 and a two-hundred day simple moving average of $26.07. Invesco 0-5 Yr US TIPS ETF has a 12 month low of $25.53 and a 12 month high of $26.49.
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.
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