Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) Sees Large Drop in Short Interest

Invesco 0-5 Yr US TIPS ETF (BATS:PBTPGet Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 4,241 shares, a decrease of 47.6% from the July 30th total of 8,090 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 65,428 shares, the days-to-cover ratio is presently 0.1 days.

Invesco 0-5 Yr US TIPS ETF Stock Performance

Invesco 0-5 Yr US TIPS ETF stock opened at $25.68 on Friday. The stock’s fifty day moving average is $25.68 and its two-hundred day moving average is $26.05. Invesco 0-5 Yr US TIPS ETF has a 1-year low of $25.53 and a 1-year high of $26.49.

Institutional Investors Weigh In On Invesco 0-5 Yr US TIPS ETF

Several institutional investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. increased its stake in Invesco 0-5 Yr US TIPS ETF by 354.7% in the first quarter. Goldman Sachs Group Inc. now owns 39,449 shares of the company’s stock valued at $1,024,000 after purchasing an additional 30,773 shares during the last quarter. Hobart Private Capital LLC acquired a new stake in Invesco 0-5 Yr US TIPS ETF during the second quarter worth approximately $495,000. Tidemark LLC lifted its position in shares of Invesco 0-5 Yr US TIPS ETF by 6.2% during the 4th quarter. Tidemark LLC now owns 210,219 shares of the company’s stock worth $5,448,000 after buying an additional 12,313 shares during the last quarter. Compass Financial Management LLC acquired a new position in shares of Invesco 0-5 Yr US TIPS ETF in the 2nd quarter valued at $424,000. Finally, Citadel Advisors LLC acquired a new position in shares of Invesco 0-5 Yr US TIPS ETF in the 3rd quarter valued at $291,000.

Invesco 0-5 Yr US TIPS ETF Company Profile

(Get Free Report)

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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