Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Short Interest Up 90.6% in April

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 33,812 shares, a growth of 90.6% from the April 15th total of 17,741 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 211,678 shares, the days-to-cover ratio is presently 0.2 days.

Invesco Short Term Treasury ETF Stock Performance

TBLL traded down $0.31 on Monday, reaching $105.47. The company’s stock had a trading volume of 1,331,373 shares, compared to its average volume of 342,121. The stock has a 50 day moving average of $105.63 and a two-hundred day moving average of $105.67. Invesco Short Term Treasury ETF has a fifty-two week low of $105.39 and a fifty-two week high of $105.90.

Institutional Investors Weigh In On Invesco Short Term Treasury ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TBLL. NewEdge Advisors LLC lifted its stake in Invesco Short Term Treasury ETF by 7,000.0% in the first quarter. NewEdge Advisors LLC now owns 4,828 shares of the company’s stock valued at $510,000 after buying an additional 4,760 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in Invesco Short Term Treasury ETF in the first quarter valued at approximately $711,000. Cerity Partners LLC lifted its stake in Invesco Short Term Treasury ETF by 264.5% in the second quarter. Cerity Partners LLC now owns 18,988 shares of the company’s stock valued at $2,004,000 after buying an additional 13,779 shares during the last quarter. Jane Street Group LLC lifted its stake in Invesco Short Term Treasury ETF by 12.6% in the second quarter. Jane Street Group LLC now owns 28,304 shares of the company’s stock valued at $2,987,000 after buying an additional 3,174 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in Invesco Short Term Treasury ETF by 96.4% in the second quarter. Bank of America Corp DE now owns 376,723 shares of the company’s stock valued at $39,759,000 after buying an additional 184,891 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.