Invesco Ultra Short Duration ETF (NYSEARCA:GSY – Get Free Report) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 167,337 shares, a growth of 160.9% from the August 15th total of 64,150 shares. Based on an average daily volume of 625,677 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.
Institutional Investors Weigh In On Invesco Ultra Short Duration ETF
Large investors have recently added to or reduced their stakes in the business. RFG Advisory LLC increased its position in shares of Invesco Ultra Short Duration ETF by 17.4% in the second quarter. RFG Advisory LLC now owns 14,013 shares of the company’s stock worth $703,000 after purchasing an additional 2,078 shares during the last quarter. NewEdge Advisors LLC lifted its position in Invesco Ultra Short Duration ETF by 42.9% during the second quarter. NewEdge Advisors LLC now owns 109,011 shares of the company’s stock valued at $5,467,000 after purchasing an additional 32,747 shares during the last quarter. IFP Advisors Inc grew its stake in Invesco Ultra Short Duration ETF by 28.3% in the 2nd quarter. IFP Advisors Inc now owns 24,012 shares of the company’s stock worth $1,204,000 after buying an additional 5,292 shares in the last quarter. Beacon Investment Advisory Services Inc. grew its stake in Invesco Ultra Short Duration ETF by 69.5% in the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 104,702 shares of the company’s stock worth $5,251,000 after buying an additional 42,930 shares in the last quarter. Finally, Waverly Advisors LLC bought a new position in shares of Invesco Ultra Short Duration ETF in the 2nd quarter worth $6,152,000.
Invesco Ultra Short Duration ETF Stock Up 0.1%
NYSEARCA:GSY traded up $0.03 during trading hours on Monday, hitting $50.13. The stock had a trading volume of 3,912,909 shares, compared to its average volume of 807,717. The company has a 50 day simple moving average of $50.16 and a two-hundred day simple moving average of $50.17. Invesco Ultra Short Duration ETF has a one year low of $50.05 and a one year high of $50.39.
Invesco Ultra Short Duration ETF Company Profile
The Invesco Ultra Short Duration ETF (GSY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to outperform the Barclays Capital 1-3 Month U.S. Treasury Bill Index by investing in a diverse portfolio of investment-grade securities. GSY was launched on Feb 12, 2008 and is managed by Invesco.
See Also
- Five stocks we like better than Invesco Ultra Short Duration ETF
- Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings
- Institutional Money Is Pouring Into These 2 Altcoin ETFs
- The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares
- 3 Dividend Kings to Buy While They’re Still Beaten Down
Receive News & Ratings for Invesco Ultra Short Duration ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Ultra Short Duration ETF and related companies with MarketBeat.com's FREE daily email newsletter.
