Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Short Interest Up 96.0% in March

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 140,503 shares, an increase of 96.0% from the February 26th total of 71,667 shares. Based on an average trading volume of 682,308 shares, the short-interest ratio is presently 0.2 days. Currently, 0.7% of the company’s stock are short sold.

Institutional Investors Weigh In On Invesco Short Term Treasury ETF

Large investors have recently made changes to their positions in the company. AWM Capital LLC increased its holdings in Invesco Short Term Treasury ETF by 81.4% in the third quarter. AWM Capital LLC now owns 873,605 shares of the company’s stock worth $92,288,000 after buying an additional 392,052 shares during the last quarter. Bank of America Corp DE lifted its stake in Invesco Short Term Treasury ETF by 96.4% in the second quarter. Bank of America Corp DE now owns 376,723 shares of the company’s stock valued at $39,759,000 after acquiring an additional 184,891 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco Short Term Treasury ETF by 2,130.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 129,496 shares of the company’s stock valued at $13,681,000 after acquiring an additional 123,689 shares during the last quarter. Clear Retirement Advice LLC bought a new stake in Invesco Short Term Treasury ETF in the fourth quarter worth approximately $11,824,000. Finally, Dock Street Asset Management Inc. increased its stake in shares of Invesco Short Term Treasury ETF by 142.9% during the 3rd quarter. Dock Street Asset Management Inc. now owns 183,800 shares of the company’s stock worth $19,417,000 after purchasing an additional 108,134 shares during the last quarter.

Invesco Short Term Treasury ETF Stock Performance

TBLL remained flat at $105.49 during trading on Thursday. The company had a trading volume of 188,602 shares, compared to its average volume of 308,005. The firm’s fifty day moving average price is $105.64 and its 200-day moving average price is $105.68. Invesco Short Term Treasury ETF has a 52-week low of $105.39 and a 52-week high of $105.90.

Invesco Short Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were issued a dividend of $0.3231 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, February 23rd.

Invesco Short Term Treasury ETF Company Profile

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.