Short Interest in Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Drops By 68.5%

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 14,216 shares, a drop of 68.5% from the June 15th total of 45,196 shares. Based on an average trading volume of 203,013 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Invesco Short Term Treasury ETF Stock Performance

Shares of NYSEARCA TBLL traded up $0.02 during midday trading on Tuesday, hitting $105.72. The company’s stock had a trading volume of 138,634 shares, compared to its average volume of 308,750. The stock has a fifty day moving average price of $105.63 and a 200 day moving average price of $105.64. Invesco Short Term Treasury ETF has a one year low of $105.40 and a one year high of $105.90.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in TBLL. Brookstone Capital Management grew its holdings in shares of Invesco Short Term Treasury ETF by 3.7% during the fourth quarter. Brookstone Capital Management now owns 301,814 shares of the company’s stock worth $31,887,000 after purchasing an additional 10,731 shares in the last quarter. JPMorgan Chase & Co. raised its position in Invesco Short Term Treasury ETF by 84.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,488 shares of the company’s stock worth $1,214,000 after purchasing an additional 5,273 shares during the period. Mutual Advisors LLC purchased a new position in shares of Invesco Short Term Treasury ETF in the fourth quarter worth about $603,000. Rockefeller Capital Management L.P. increased its stake in Invesco Short Term Treasury ETF by 62.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 14,068 shares of the company’s stock worth $1,486,000 after purchasing an additional 5,434 shares during the period. Finally, Dock Street Asset Management Inc. raised its holdings in Invesco Short Term Treasury ETF by 37.2% during the 4th quarter. Dock Street Asset Management Inc. now owns 252,205 shares of the company’s stock valued at $26,645,000 after buying an additional 68,405 shares during the last quarter.

Invesco Short Term Treasury ETF Company Profile

The Invesco Short Term Treasury ETF (TBLL) is an exchange-traded fund that is based on the ICE US Treasury Short Bond index. The fund tracks a market-weighted index of debt issued by the US Treasury. Remaining maturity must be between 1-12 months. TBLL was launched on Jan 12, 2017 and is issued by Invesco.