Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) Short Interest Down 59.2% in May

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 264 shares, a decrease of 59.2% from the May 14th total of 647 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 6,899 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Invesco Investment Grade Defensive ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. acquired a new position in Invesco Investment Grade Defensive ETF in the 2nd quarter worth about $61,000. Raymond James Financial Inc. acquired a new stake in shares of Invesco Investment Grade Defensive ETF during the second quarter valued at about $65,000. Osaic Holdings Inc. grew its holdings in shares of Invesco Investment Grade Defensive ETF by 96.3% during the second quarter. Osaic Holdings Inc. now owns 12,764 shares of the company’s stock worth $315,000 after purchasing an additional 6,262 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Invesco Investment Grade Defensive ETF by 9.4% in the second quarter. Jane Street Group LLC now owns 15,579 shares of the company’s stock valued at $385,000 after buying an additional 1,333 shares during the period. Finally, Trilogy Capital Inc. raised its holdings in Invesco Investment Grade Defensive ETF by 14.5% in the 1st quarter. Trilogy Capital Inc. now owns 33,124 shares of the company’s stock valued at $815,000 after buying an additional 4,200 shares during the last quarter.

Invesco Investment Grade Defensive ETF Stock Performance

Shares of Invesco Investment Grade Defensive ETF stock opened at $24.52 on Friday. The company’s 50 day moving average price is $24.56 and its two-hundred day moving average price is $24.73. Invesco Investment Grade Defensive ETF has a fifty-two week low of $24.30 and a fifty-two week high of $25.08.

About Invesco Investment Grade Defensive ETF

The Invesco Investment Grade Defensive ETF (IIGD) is an exchange-traded fund that is based on the Invesco Investment Grade Defensive index. The fund tracks a market value-weighted index of investment-grade corporate bonds of intermediate maturities. IIGD was launched on Jul 25, 2018 and is managed by Invesco.