Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Shares Shorted: Short Interest Down 91.4% in September

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 315,535 shares, a decrease of 91.4% from the September 15th total of 3,672,881 shares. Based on an average daily trading volume, of 1,560,072 shares, the short-interest ratio is presently 0.2 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Trading of Invesco Ultra Short Duration ETF

Large investors have recently bought and sold shares of the company. Bank of America Corp DE boosted its position in shares of Invesco Ultra Short Duration ETF by 152.9% during the 1st quarter. Bank of America Corp DE now owns 2,893,767 shares of the company’s stock valued at $145,036,000 after purchasing an additional 1,749,388 shares in the last quarter. Gradient Investments LLC bought a new stake in shares of Invesco Ultra Short Duration ETF in the 3rd quarter worth approximately $51,672,000. Concurrent Investment Advisors LLC raised its holdings in shares of Invesco Ultra Short Duration ETF by 228.6% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 750,546 shares of the company’s stock worth $37,640,000 after purchasing an additional 522,149 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Invesco Ultra Short Duration ETF by 588.2% in the 1st quarter. Royal Bank of Canada now owns 529,112 shares of the company’s stock worth $26,519,000 after purchasing an additional 452,227 shares in the last quarter. Finally, Axxcess Wealth Management LLC lifted its stake in Invesco Ultra Short Duration ETF by 41.7% during the fourth quarter. Axxcess Wealth Management LLC now owns 1,352,189 shares of the company’s stock valued at $67,947,000 after purchasing an additional 398,081 shares during the last quarter.

Invesco Ultra Short Duration ETF Price Performance

Shares of GSY stock traded up $0.02 during trading hours on Friday, reaching $50.04. The company had a trading volume of 870,093 shares, compared to its average volume of 857,708. Invesco Ultra Short Duration ETF has a twelve month low of $49.90 and a twelve month high of $50.39. The stock’s fifty day simple moving average is $50.10 and its 200 day simple moving average is $50.14.

Invesco Ultra Short Duration ETF Company Profile

The Invesco Ultra Short Duration ETF (GSY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to outperform the Barclays Capital 1-3 Month U.S. Treasury Bill Index by investing in a diverse portfolio of investment-grade securities. GSY was launched on Feb 12, 2008 and is managed by Invesco.