Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Sees Significant Growth in Short Interest

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 44,209 shares, an increase of 167.9% from the December 15th total of 16,503 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 167,707 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 167,707 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of TBLL. Dock Street Asset Management Inc. grew its stake in shares of Invesco Short Term Treasury ETF by 37.2% in the fourth quarter. Dock Street Asset Management Inc. now owns 252,205 shares of the company’s stock valued at $26,645,000 after buying an additional 68,405 shares in the last quarter. Brookstone Capital Management grew its position in Invesco Short Term Treasury ETF by 3.7% in the fourth quarter. Brookstone Capital Management now owns 301,814 shares of the company’s stock valued at $31,887,000 after acquiring an additional 10,731 shares in the last quarter. TrueMark Investments LLC purchased a new stake in shares of Invesco Short Term Treasury ETF during the fourth quarter valued at approximately $353,000. EdgeRock Capital LLC lifted its position in shares of Invesco Short Term Treasury ETF by 6.5% during the fourth quarter. EdgeRock Capital LLC now owns 29,438 shares of the company’s stock worth $3,110,000 after purchasing an additional 1,790 shares in the last quarter. Finally, Robinson Value Management Ltd. purchased a new position in shares of Invesco Short Term Treasury ETF in the fourth quarter valued at $175,000.

Invesco Short Term Treasury ETF Price Performance

Shares of Invesco Short Term Treasury ETF stock traded up $0.02 during trading hours on Thursday, hitting $105.79. The company’s stock had a trading volume of 111,319 shares, compared to its average volume of 184,187. The business has a fifty day moving average of $105.72 and a 200 day moving average of $105.67. Invesco Short Term Treasury ETF has a 1-year low of $105.37 and a 1-year 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.