Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Sees Large Decrease in Short Interest
by Mitch Edgeman · The Markets DailyInvesco Short Term Treasury ETF (NYSEARCA:TBLL – Get Free Report) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 90,867 shares, a decline of 39.3% from the August 31st total of 149,784 shares. Based on an average daily volume of 259,662 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.4% of the company’s stock are sold short.
Institutional Trading of Invesco Short Term Treasury ETF
Several institutional investors have recently bought and sold shares of the company. Citadel Advisors LLC purchased a new stake in Invesco Short Term Treasury ETF during the 2nd quarter valued at $766,000. Ameritas Advisory Services LLC bought a new stake in shares of Invesco Short Term Treasury ETF in the 2nd quarter worth $6,987,000. Kintra Wealth LLC raised its stake in shares of Invesco Short Term Treasury ETF by 2.7% in the second quarter. Kintra Wealth LLC now owns 38,956 shares of the company’s stock worth $4,120,000 after purchasing an additional 1,027 shares during the last quarter. Anson Capital Inc. purchased a new position in shares of Invesco Short Term Treasury ETF in the second quarter worth $291,000. Finally, Highland Investment Advisors LLC bought a new position in shares of Invesco Short Term Treasury ETF during the second quarter valued at $209,000.
Invesco Short Term Treasury ETF Price Performance
TBLL stock traded up $0.02 during midday trading on Thursday, hitting $105.58. The stock had a trading volume of 297,204 shares, compared to its average volume of 315,480. The business has a 50-day moving average of $105.65 and a two-hundred day moving average of $105.63. Invesco Short Term Treasury ETF has a 52-week low of $105.46 and a 52-week high of $105.90.
About Invesco Short Term Treasury ETF
The Invesco Short Term Treasury ETF (TBLL) is an exchange-traded fund that is based on the ICE US Treasury Short Bond index. The fund tracks a market-weighted index of debt issued by the US Treasury. Remaining maturity must be between 1-12 months. TBLL was launched on Jan 12, 2017 and is issued by Invesco.
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