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

by · The Cerbat Gem

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD – Get Free Report) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 781 shares, a growth of 77.1% from the April 15th total of 441 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 3,266 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Invesco Investment Grade Defensive ETF

A number of hedge funds and other institutional investors have recently modified their holdings of IIGD. JPMorgan Chase & Co. bought a new stake in shares of Invesco Investment Grade Defensive ETF during the second quarter worth $61,000. Raymond James Financial Inc. bought a new stake in shares of Invesco Investment Grade Defensive ETF during the second quarter worth $65,000. Collier Financial bought a new stake in shares of Invesco Investment Grade Defensive ETF during the third quarter worth $160,000. Osaic Holdings Inc. grew its stake in shares of 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 worth $315,000 after buying an additional 6,262 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in shares of 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 worth $385,000 after buying an additional 1,333 shares during the last quarter.

Invesco Investment Grade Defensive ETF Price Performance

Shares of NYSEARCA:IIGD opened at $24.48 on Monday. The company’s 50 day simple moving average is $24.64 and its 200 day simple moving average is $24.78. Invesco Investment Grade Defensive ETF has a 1 year low of $24.34 and a 1 year high of $25.08.

Invesco Investment Grade Defensive ETF Company Profile

(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.

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