Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Stock Short Interest Climbs 2,094.9%

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 3,672,881 shares, a growth of 2,094.9% from the August 31st total of 167,337 shares. Based on an average daily volume of 1,050,907 shares, the short-interest ratio is presently 3.5 days. Currently, 4.6% of the company’s stock are sold short.

Institutional Trading of Invesco Ultra Short Duration ETF

Large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in shares of Invesco Ultra Short Duration ETF by 152.9% in the 1st quarter. Bank of America Corp DE now owns 2,893,767 shares of the company’s stock valued at $145,036,000 after purchasing an additional 1,749,388 shares during the period. Concurrent Investment Advisors LLC increased its position in Invesco Ultra Short Duration ETF by 228.6% during the second quarter. Concurrent Investment Advisors LLC now owns 750,546 shares of the company’s stock worth $37,640,000 after buying an additional 522,149 shares during the last quarter. Royal Bank of Canada raised its stake in Invesco Ultra Short Duration ETF by 588.2% in the first quarter. Royal Bank of Canada now owns 529,112 shares of the company’s stock valued at $26,519,000 after buying an additional 452,227 shares during the period. Axxcess Wealth Management LLC raised its stake in Invesco Ultra Short Duration ETF by 41.7% in the fourth quarter. Axxcess Wealth Management LLC now owns 1,352,189 shares of the company’s stock valued at $67,947,000 after buying an additional 398,081 shares during the period. Finally, Royal Harbor Partners LLC acquired a new stake in shares of Invesco Ultra Short Duration ETF in the first quarter valued at approximately $14,257,000.

Invesco Ultra Short Duration ETF Stock Up 0.0%

Shares of NYSEARCA:GSY traded up $0.01 during trading on Thursday, hitting $49.91. 1,852,640 shares of the company were exchanged, compared to its average volume of 847,995. Invesco Ultra Short Duration ETF has a fifty-two week low of $49.90 and a fifty-two week high of $50.39. The firm has a fifty day moving average price of $50.14 and a two-hundred day moving average price of $50.16.

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.