Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) Short Interest Update

Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 10,700 shares, a drop of 74.4% from the August 31st total of 41,800 shares. Based on an average daily volume of 209,900 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 209,900 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Invesco Equal Weight 0-30 Year Treasury ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in GOVI. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the 1st quarter worth approximately $39,000. Harbour Investments Inc. grew its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 31.4% in the 1st quarter. Harbour Investments Inc. now owns 2,761 shares of the company’s stock valued at $77,000 after acquiring an additional 660 shares during the period. Kingsview Wealth Management LLC acquired a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the 1st quarter valued at $204,000. Quadrature Capital Ltd acquired a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the 2nd quarter valued at $234,000. Finally, Axim Planning & Wealth acquired a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the 2nd quarter valued at $275,000.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Up 0.3%

Shares of NYSEARCA GOVI opened at $27.90 on Friday. Invesco Equal Weight 0-30 Year Treasury ETF has a 12 month low of $26.40 and a 12 month high of $29.02. The firm’s 50 day simple moving average is $27.53 and its 200-day simple moving average is $27.34.

Invesco Equal Weight 0-30 Year Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were paid a dividend of $0.0867 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

About Invesco Equal Weight 0-30 Year Treasury ETF

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.