Short Interest in Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) Drops By 30.0%

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 10,134 shares, a decrease of 30.0% from the November 30th total of 14,486 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average trading volume of 2,341 shares, the days-to-cover ratio is presently 4.3 days. Based on an average trading volume of 2,341 shares, the days-to-cover ratio is presently 4.3 days. Approximately 0.8% of the shares of the company are sold short.

Invesco Investment Grade Defensive ETF Trading Up 0.1%

NYSEARCA:IIGD traded up $0.02 on Monday, hitting $24.86. The stock had a trading volume of 2,731 shares, compared to its average volume of 8,957. The business’s 50-day simple moving average is $24.86 and its two-hundred day simple moving average is $24.79. Invesco Investment Grade Defensive ETF has a 52-week low of $23.92 and a 52-week high of $25.08.

Institutional Trading of Invesco Investment Grade Defensive ETF

Several large investors have recently added to or reduced their stakes in IIGD. Flow Traders U.S. LLC bought a new position in Invesco Investment Grade Defensive ETF in the third quarter worth approximately $846,000. Collier Financial purchased a new stake in shares of Invesco Investment Grade Defensive ETF in the 3rd quarter worth $160,000. Trilogy Capital Inc. raised its holdings in Invesco Investment Grade Defensive ETF by 74.0% in the 3rd quarter. Trilogy Capital Inc. now owns 28,924 shares of the company’s stock worth $718,000 after purchasing an additional 12,299 shares during the period. Osaic Holdings Inc. lifted its position in 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 valued at $315,000 after purchasing an additional 6,262 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in Invesco Investment Grade Defensive ETF by 9.4% during the second quarter. Jane Street Group LLC now owns 15,579 shares of the company’s stock valued at $385,000 after purchasing an additional 1,333 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.