Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) Short Interest Down 59.2% in May

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGDGet Free Report) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 264 shares, a decrease of 59.2% from the May 14th total of 647 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 6,899 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Invesco Investment Grade Defensive ETF

Hedge funds have recently bought and sold shares of the company. LPL Financial LLC grew its stake in shares of Invesco Investment Grade Defensive ETF by 3.4% in the 4th quarter. LPL Financial LLC now owns 233,428 shares of the company’s stock worth $5,800,000 after acquiring an additional 7,726 shares in the last quarter. Core Wealth Advisors Inc. lifted its position in shares of Invesco Investment Grade Defensive ETF by 64.9% during the first quarter. Core Wealth Advisors Inc. now owns 62,255 shares of the company’s stock valued at $1,531,000 after purchasing an additional 24,494 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Invesco Investment Grade Defensive ETF by 1.1% during the fourth quarter. NewEdge Advisors LLC now owns 49,463 shares of the company’s stock valued at $1,229,000 after purchasing an additional 515 shares in the last quarter. Flow Traders U.S. LLC bought a new position in shares of Invesco Investment Grade Defensive ETF during the third quarter valued at about $846,000. Finally, Trilogy Capital Inc. boosted its holdings in Invesco Investment Grade Defensive ETF by 14.5% during the first quarter. Trilogy Capital Inc. now owns 33,124 shares of the company’s stock worth $815,000 after purchasing an additional 4,200 shares during the last quarter.

Invesco Investment Grade Defensive ETF Price Performance

Shares of NYSEARCA:IIGD opened at $24.52 on Friday. Invesco Investment Grade Defensive ETF has a 1 year low of $24.30 and a 1 year high of $25.08. The business’s 50-day moving average is $24.56 and its 200-day moving average is $24.73.

About Invesco Investment Grade Defensive ETF

(Get Free Report)

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.

Further Reading

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