Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) Short Interest Update

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,812 shares, a growth of 3,675.0% from the August 15th total of 48 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 2,507 shares, the days-to-cover ratio is currently 0.7 days.

Invesco Investment Grade Defensive ETF Stock Performance

IIGD stock traded down $0.10 during mid-day trading on Thursday, hitting $24.09. The company had a trading volume of 21,404 shares, compared to its average volume of 5,868. The stock’s fifty day moving average price is $24.35 and its two-hundred day moving average price is $24.51. Invesco Investment Grade Defensive ETF has a 12 month low of $24.09 and a 12 month high of $25.08.

Institutional Trading of Invesco Investment Grade Defensive ETF

A number of institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. purchased a new stake in shares of Invesco Investment Grade Defensive ETF during the second quarter worth $61,000. Raymond James Financial Inc. purchased a new position in shares of Invesco Investment Grade Defensive ETF during the second quarter worth about $65,000. Osaic Holdings Inc. increased its holdings in shares of Invesco Investment Grade Defensive ETF by 96.3% in the 2nd quarter. Osaic Holdings Inc. now owns 12,764 shares of the company’s stock worth $315,000 after buying an additional 6,262 shares during the last quarter. Jane Street Group LLC increased its stake in Invesco Investment Grade Defensive ETF by 9.4% in the second quarter. Jane Street Group LLC now owns 15,579 shares of the company’s stock valued at $385,000 after acquiring an additional 1,333 shares during the last quarter. Finally, Trilogy Capital Inc. lifted its holdings in shares of 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 worth $815,000 after acquiring an additional 4,200 shares during the last quarter.

Invesco Investment Grade Defensive ETF Company Profile

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.