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

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 4,277 shares, a decrease of 57.8% from the December 15th total of 10,134 shares. Based on an average daily trading volume, of 8,628 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 8,628 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. purchased a new stake in Invesco Investment Grade Defensive ETF in the 2nd quarter valued at about $61,000. Raymond James Financial Inc. purchased a new position in shares of Invesco Investment Grade Defensive ETF during the second quarter worth approximately $65,000. Collier Financial bought a new stake in shares of Invesco Investment Grade Defensive ETF during the third quarter valued at approximately $160,000. Osaic Holdings Inc. boosted its holdings in shares of Invesco Investment Grade Defensive ETF by 96.3% in the second quarter. Osaic Holdings Inc. now owns 12,764 shares of the company’s stock valued at $315,000 after purchasing an additional 6,262 shares during the period. Finally, Jane Street Group LLC grew its stake in Invesco Investment Grade Defensive ETF by 9.4% in the second quarter. Jane Street Group LLC now owns 15,579 shares of the company’s stock worth $385,000 after purchasing an additional 1,333 shares in the last quarter.

Invesco Investment Grade Defensive ETF Price Performance

IIGD traded down $0.02 during trading hours on Friday, reaching $24.84. 991 shares of the company’s stock traded hands, compared to its average volume of 3,408. The firm has a 50-day moving average price of $24.86 and a 200 day moving average price of $24.81. Invesco Investment Grade Defensive ETF has a 52-week low of $23.92 and a 52-week high of $25.08.

Invesco Investment Grade Defensive ETF Company Profile

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.