Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) Short Interest Update

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 10,134 shares, a decrease of 30.0% from the November 30th total of 14,486 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average trading volume of 2,341 shares, the days-to-cover ratio is presently 4.3 days. Based on an average trading volume of 2,341 shares, the days-to-cover ratio is presently 4.3 days. Approximately 0.8% of the shares of the stock are sold short.

Invesco Investment Grade Defensive ETF Stock Performance

NYSEARCA:IIGD traded up $0.01 during mid-day trading on Tuesday, reaching $24.87. The stock had a trading volume of 3,180 shares, compared to its average volume of 8,934. The stock has a 50-day simple moving average of $24.86 and a two-hundred day simple moving average of $24.79. Invesco Investment Grade Defensive ETF has a 12 month low of $23.92 and a 12 month high of $25.08.

Institutional Trading of Invesco Investment Grade Defensive ETF

Several institutional investors have recently modified their holdings of the business. Scotia Capital Inc. grew its holdings in shares of Invesco Investment Grade Defensive ETF by 58.1% during the second quarter. Scotia Capital Inc. now owns 60,672 shares of the company’s stock valued at $1,498,000 after buying an additional 22,304 shares during the last quarter. Integrity Alliance LLC. purchased a new stake in shares of Invesco Investment Grade Defensive ETF during the first quarter valued at approximately $1,558,000. Trilogy Capital Inc. raised its stake in shares of Invesco Investment Grade Defensive ETF by 74.0% during the 3rd quarter. Trilogy Capital Inc. now owns 28,924 shares of the company’s stock worth $718,000 after purchasing an additional 12,299 shares during the period. Collier Financial purchased a new position in Invesco Investment Grade Defensive ETF in the third quarter valued at about $160,000. Finally, Flow Traders U.S. LLC purchased a new position in Invesco Investment Grade Defensive ETF in the third quarter valued at approximately $846,000.

About Invesco Investment Grade Defensive ETF

The Invesco Investment Grade Defensive ETF (IIGD) is an exchange-traded fund that is based on the Invesco Investment Grade Defensive index. The fund tracks a market value-weighted index of investment-grade corporate bonds of intermediate maturities. IIGD was launched on Jul 25, 2018 and is managed by Invesco.