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

by · The Markets Daily

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD – Get Free Report) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 4,277 shares, a drop of 57.8% from the December 15th total of 10,134 shares. Based on an average trading volume of 8,628 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 8,628 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On Invesco Investment Grade Defensive ETF

A number of institutional investors and hedge funds have recently bought and sold shares of IIGD. JPMorgan Chase & Co. acquired a new position in shares of Invesco Investment Grade Defensive ETF in the 2nd quarter valued at $61,000. Raymond James Financial Inc. bought a new stake in Invesco Investment Grade Defensive ETF in the second quarter valued at about $65,000. Collier Financial acquired a new position in Invesco Investment Grade Defensive ETF in the third quarter valued at about $160,000. Osaic Holdings Inc. lifted its stake in Invesco Investment Grade Defensive ETF by 96.3% in the second quarter. Osaic Holdings Inc. now owns 12,764 shares of the company’s stock valued at $315,000 after buying an additional 6,262 shares during the period. Finally, Jane Street Group LLC boosted its holdings in 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 traded down $0.02 during trading on Friday, hitting $24.84. 991 shares of the stock were exchanged, compared to its average volume of 3,408. Invesco Investment Grade Defensive ETF has a 1-year low of $23.92 and a 1-year high of $25.08. The company’s fifty day simple moving average is $24.86 and its 200-day simple moving average is $24.81.

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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