Invesco Ultra Short Duration ETF (NYSEARCA:GSY – Get Free Report) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 561,772 shares, a drop of 57.6% from the June 30th total of 1,325,601 shares. Currently, 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 629,665 shares, the short-interest ratio is currently 0.9 days.
Institutional Trading of Invesco Ultra Short Duration ETF
A number of institutional investors and hedge funds have recently modified their holdings of GSY. Royal Bank of Canada lifted its holdings in Invesco Ultra Short Duration ETF by 28.8% during the first quarter. Royal Bank of Canada now owns 57,917 shares of the company’s stock worth $2,903,000 after acquiring an additional 12,962 shares during the period. AQR Capital Management LLC grew its stake in Invesco Ultra Short Duration ETF by 75.6% in the 1st quarter. AQR Capital Management LLC now owns 9,249 shares of the company’s stock valued at $464,000 after purchasing an additional 3,982 shares during the period. NewEdge Advisors LLC grew its stake in Invesco Ultra Short Duration ETF by 5.4% in the 1st quarter. NewEdge Advisors LLC now owns 19,587 shares of the company’s stock valued at $982,000 after purchasing an additional 1,006 shares during the period. Jane Street Group LLC purchased a new stake in shares of Invesco Ultra Short Duration ETF during the 1st quarter valued at $355,000. Finally, Invesco Ltd. purchased a new stake in shares of Invesco Ultra Short Duration ETF during the 2nd quarter valued at $2,180,000.
Invesco Ultra Short Duration ETF Price Performance
Invesco Ultra Short Duration ETF stock opened at $50.08 on Monday. Invesco Ultra Short Duration ETF has a 52 week low of $50.05 and a 52 week high of $50.39. The company’s 50 day moving average price is $50.16 and its two-hundred day moving average price is $50.20.
Invesco Ultra Short Duration ETF Company Profile
The Invesco Ultra Short Duration ETF (GSY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to outperform the Barclays Capital 1-3 Month U.S. Treasury Bill Index by investing in a diverse portfolio of investment-grade securities. GSY was launched on Feb 12, 2008 and is managed by Invesco.
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