Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) Sees Large Drop in Short Interest

Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI – Get Free Report) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 137,975 shares, a decline of 40.8% from the August 15th total of 233,188 shares. Based on an average daily volume of 153,245 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.3% of the shares of the stock are short sold.

Invesco Equal Weight 0-30 Year Treasury ETF Trading Up 0.1%

NASDAQ:GOVI traded up $0.03 during trading hours on Wednesday, reaching $25.97. 462,917 shares of the company’s stock were exchanged, compared to its average volume of 396,770. Invesco Equal Weight 0-30 Year Treasury ETF has a 12 month low of $25.91 and a 12 month high of $28.32. The business’s 50-day simple moving average is $26.47 and its two-hundred day simple moving average is $26.95.

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Invesco Equal Weight 0-30 Year Treasury ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were given a dividend of $0.0924 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

Institutional Trading of Invesco Equal Weight 0-30 Year Treasury ETF

Hedge funds have recently bought and sold shares of the company. Bank of America Corp DE increased its position in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 375.9% in the first quarter. Bank of America Corp DE now owns 679,428 shares of the company’s stock worth $18,534,000 after acquiring an additional 536,650 shares in the last quarter. Petix & Botte Co boosted its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 7.6% in the 1st quarter. Petix & Botte Co now owns 646,593 shares of the company’s stock worth $17,639,000 after purchasing an additional 45,524 shares during the period. Concurrent Investment Advisors LLC grew its position in Invesco Equal Weight 0-30 Year Treasury ETF by 151.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 422,281 shares of the company’s stock worth $11,465,000 after purchasing an additional 254,271 shares in the last quarter. Schwallier Wealth Management LLC grew its position in Invesco Equal Weight 0-30 Year Treasury ETF by 0.5% during the 4th quarter. Schwallier Wealth Management LLC now owns 305,116 shares of the company’s stock worth $8,380,000 after purchasing an additional 1,633 shares in the last quarter. Finally, Integrated Wealth Concepts LLC raised its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 320.1% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 283,559 shares of the company’s stock valued at $7,699,000 after purchasing an additional 216,060 shares during the period.

Invesco Equal Weight 0-30 Year Treasury ETF Company Profile

(Get Free Report)

The Invesco Equal Weight 0-30 Year Treasury ETF (GOVI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that invests in an equal-weighted 30-year ladder of US Treasury securities. GOVI was launched on Oct 11, 2007 and is issued by Invesco.

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