Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) Sees Significant Growth in Short Interest

Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 5,450 shares, a growth of 1,124.7% from the April 30th total of 445 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 11,290 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Arkadios Wealth Advisors increased its position in shares of Invesco 0-5 Yr US TIPS ETF by 8.2% in the first quarter. Arkadios Wealth Advisors now owns 24,291 shares of the company’s stock valued at $635,000 after buying an additional 1,850 shares in the last quarter. Trilogy Capital Inc. increased its position in shares of Invesco 0-5 Yr US TIPS ETF by 10.0% in the first quarter. Trilogy Capital Inc. now owns 33,504 shares of the company’s stock valued at $876,000 after buying an additional 3,058 shares in the last quarter. MML Investors Services LLC increased its position in shares of Invesco 0-5 Yr US TIPS ETF by 9.3% in the fourth quarter. MML Investors Services LLC now owns 13,518 shares of the company’s stock valued at $350,000 after buying an additional 1,152 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in shares of Invesco 0-5 Yr US TIPS ETF in the fourth quarter valued at $42,000. Finally, LPL Financial LLC increased its position in shares of Invesco 0-5 Yr US TIPS ETF by 0.6% in the fourth quarter. LPL Financial LLC now owns 792,145 shares of the company’s stock valued at $20,528,000 after buying an additional 4,571 shares in the last quarter.

Invesco 0-5 Yr US TIPS ETF Trading Up 0.1%

BATS:PBTP opened at $26.38 on Thursday. The stock has a fifty day moving average price of $26.27 and a two-hundred day moving average price of $26.15. Invesco 0-5 Yr US TIPS ETF has a 1 year low of $25.87 and a 1 year high of $26.49.

Invesco 0-5 Yr US TIPS ETF Company Profile

The Invesco PureBeta 0-5 Yr US TIPS ETF (PBTP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury inflation-protected securities with up to five years remaining to maturity. PBTP was launched on Sep 22, 2017 and is managed by Invesco.