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

Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 3,612 shares, a decline of 92.9% from the June 30th total of 50,777 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 46,217 shares, the short-interest ratio is presently 0.1 days.

Invesco 0-5 Yr US TIPS ETF Price Performance

Shares of BATS PBTP traded up $0.01 during midday trading on Friday, hitting $25.64. 2,201 shares of the stock traded hands, compared to its average volume of 25,335. Invesco 0-5 Yr US TIPS ETF has a one year low of $25.53 and a one year high of $26.49. The firm has a 50-day moving average of $26.01 and a two-hundred day moving average of $26.10.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Kestra Advisory Services LLC purchased a new position in Invesco 0-5 Yr US TIPS ETF in the fourth quarter worth about $42,000. Jane Street Group LLC purchased a new stake in shares of Invesco 0-5 Yr US TIPS ETF during the 2nd quarter valued at about $239,000. Citadel Advisors LLC bought a new position in shares of Invesco 0-5 Yr US TIPS ETF in the 3rd quarter worth approximately $291,000. MML Investors Services LLC lifted its stake in shares of Invesco 0-5 Yr US TIPS ETF by 9.3% in the 4th quarter. MML Investors Services LLC now owns 13,518 shares of the company’s stock worth $350,000 after purchasing an additional 1,152 shares during the period. Finally, Triad Wealth Partners LLC purchased a new position in shares of Invesco 0-5 Yr US TIPS ETF in the fourth quarter worth approximately $380,000.

Invesco 0-5 Yr US TIPS ETF Company Profile

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.