Invesco 0-5 Yr US TIPS ETF (BATS:PBTP – Get Free Report) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 33,037 shares, an increase of 679.0% from the August 15th total of 4,241 shares. Currently, 1.2% of the company’s shares are sold short. Based on an average daily volume of 397,113 shares, the days-to-cover ratio is currently 0.1 days.
Hedge Funds Weigh In On Invesco 0-5 Yr US TIPS ETF
A number of hedge funds have recently made changes to their positions in the business. Kestra Advisory Services LLC acquired a new position in shares of Invesco 0-5 Yr US TIPS ETF during the 4th quarter valued at $42,000. Highland Investment Advisors LLC acquired a new stake in Invesco 0-5 Yr US TIPS ETF in the 2nd quarter valued at $68,000. Jane Street Group LLC purchased a new position in Invesco 0-5 Yr US TIPS ETF in the second quarter valued at about $239,000. Citadel Advisors LLC purchased a new position in Invesco 0-5 Yr US TIPS ETF in the third quarter valued at about $291,000. Finally, MML Investors Services LLC raised 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 valued at $350,000 after purchasing an additional 1,152 shares during the period.
Invesco 0-5 Yr US TIPS ETF Stock Down 0.3%
Shares of PBTP stock opened at $25.61 on Friday. Invesco 0-5 Yr US TIPS ETF has a fifty-two week low of $25.53 and a fifty-two week high of $26.49. The firm’s 50 day moving average price is $25.69 and its two-hundred day moving average price is $26.02.
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.
Featured Stories
- Five stocks we like better than Invesco 0-5 Yr US TIPS ETF
- Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model
- Kroger’s Textbook Entry for Buy-and-Hold Investors
- AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window
- Amgen Drops 10% on a Trial It Didn’t Even Run
Receive News & Ratings for Invesco 0-5 Yr US TIPS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco 0-5 Yr US TIPS ETF and related companies with MarketBeat.com's FREE daily email newsletter.
