Short Interest in Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Declines By 89.0%

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 45,196 shares, a decrease of 89.0% from the May 31st total of 410,894 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 194,075 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Invesco Short Term Treasury ETF

Several large investors have recently modified their holdings of the stock. Mascoma Wealth Management LLC bought a new position in Invesco Short Term Treasury ETF in the fourth quarter worth approximately $42,000. MAI Capital Management increased its holdings in shares of Invesco Short Term Treasury ETF by 90.0% during the 3rd quarter. MAI Capital Management now owns 950 shares of the company’s stock valued at $100,000 after purchasing an additional 450 shares in the last quarter. Robinson Value Management Ltd. purchased a new position in shares of Invesco Short Term Treasury ETF during the 4th quarter valued at approximately $175,000. Flagship Harbor Advisors LLC acquired a new position in shares of Invesco Short Term Treasury ETF in the 4th quarter valued at $191,000. Finally, Tidemark LLC lifted its stake in shares of Invesco Short Term Treasury ETF by 21.4% in the 4th quarter. Tidemark LLC now owns 2,023 shares of the company’s stock valued at $214,000 after purchasing an additional 357 shares during the period.

Invesco Short Term Treasury ETF Stock Performance

Shares of Invesco Short Term Treasury ETF stock traded up $0.02 during trading hours on Friday, reaching $105.54. The company’s stock had a trading volume of 255,050 shares, compared to its average volume of 318,063. The firm has a 50 day moving average price of $105.62 and a 200-day moving average price of $105.65. Invesco Short Term Treasury ETF has a one year low of $105.40 and a one year high of $105.90.

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.