Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) Short Interest Down 96.4% in August

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 48 shares, a decrease of 96.4% from the July 30th total of 1,346 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 4,509 shares, the short-interest ratio is currently 0.0 days.

Invesco Investment Grade Defensive ETF Trading Down 0.1%

NYSEARCA:IIGD traded down $0.03 during trading hours on Wednesday, reaching $24.32. 228 shares of the stock were exchanged, compared to its average volume of 5,884. The firm has a 50 day simple moving average of $24.39 and a 200-day simple moving average of $24.56. Invesco Investment Grade Defensive ETF has a 52 week low of $24.22 and a 52 week high of $25.08.

Institutional Trading of Invesco Investment Grade Defensive ETF

Several hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC increased its position in Invesco Investment Grade Defensive ETF by 1.1% during the fourth quarter. NewEdge Advisors LLC now owns 49,463 shares of the company’s stock worth $1,229,000 after buying an additional 515 shares during the last quarter. Jane Street Group LLC raised its holdings in Invesco Investment Grade Defensive ETF by 9.4% in the 2nd quarter. Jane Street Group LLC now owns 15,579 shares of the company’s stock worth $385,000 after acquiring an additional 1,333 shares during the period. JPMorgan Chase & Co. acquired a new position in shares of Invesco Investment Grade Defensive ETF during the 2nd quarter worth about $61,000. Raymond James Financial Inc. acquired a new position in shares of Invesco Investment Grade Defensive ETF during the second quarter worth approximately $65,000. Finally, Trilogy Capital Inc. boosted 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 purchasing an additional 4,200 shares during the period.

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.