Short Interest in Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Decreases By 40.4%
by Doug Wharley · The Cerbat GemInvesco Short Term Treasury ETF (NYSEARCA:TBLL – Get Free Report) was the recipient of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 83,746 shares, a decrease of 40.4% from the March 15th total of 140,503 shares. Based on an average daily trading volume, of 224,995 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the company’s shares are short sold.
Institutional Investors Weigh In On Invesco Short Term Treasury ETF
A number of hedge funds have recently modified their holdings of TBLL. NewEdge Advisors LLC raised its position in shares of Invesco Short Term Treasury ETF by 7,000.0% during the first quarter. NewEdge Advisors LLC now owns 4,828 shares of the company’s stock worth $510,000 after purchasing an additional 4,760 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of Invesco Short Term Treasury ETF during the first quarter worth about $711,000. Cerity Partners LLC raised its position in shares of Invesco Short Term Treasury ETF by 264.5% during the second quarter. Cerity Partners LLC now owns 18,988 shares of the company’s stock worth $2,004,000 after purchasing an additional 13,779 shares during the period. Jane Street Group LLC raised its position in shares of Invesco Short Term Treasury ETF by 12.6% during the second quarter. Jane Street Group LLC now owns 28,304 shares of the company’s stock worth $2,987,000 after purchasing an additional 3,174 shares during the period. Finally, Bank of America Corp DE raised its position in shares of Invesco Short Term Treasury ETF by 96.4% during the second quarter. Bank of America Corp DE now owns 376,723 shares of the company’s stock worth $39,759,000 after purchasing an additional 184,891 shares during the period.
Invesco Short Term Treasury ETF Trading Up 0.0%
NYSEARCA:TBLL traded up $0.02 during mid-day trading on Monday, hitting $105.69. The company had a trading volume of 20,562 shares, compared to its average volume of 333,994. Invesco Short Term Treasury ETF has a fifty-two week low of $105.39 and a fifty-two week high of $105.90. The business’s fifty day moving average is $105.64 and its two-hundred day moving average is $105.67.
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.