Short Interest in Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) Increases By 143.7%

Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 38,483 shares, a growth of 143.7% from the May 31st total of 15,790 shares. Based on an average daily trading volume, of 26,805 shares, the short-interest ratio is presently 1.4 days. Approximately 1.4% of the company’s stock are sold short.

Institutional Investors Weigh In On Invesco 0-5 Yr US TIPS ETF

Several large investors have recently bought and sold shares of PBTP. Goldman Sachs Group Inc. boosted its stake in shares of Invesco 0-5 Yr US TIPS ETF by 354.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 39,449 shares of the company’s stock valued at $1,024,000 after buying an additional 30,773 shares during the period. Jane Street Group LLC purchased a new stake in shares of Invesco 0-5 Yr US TIPS ETF during the second quarter worth approximately $239,000. Osaic Holdings Inc. increased its stake in shares of Invesco 0-5 Yr US TIPS ETF by 1.8% during the second quarter. Osaic Holdings Inc. now owns 22,776 shares of the company’s stock worth $591,000 after buying an additional 402 shares during the period. Envestnet Asset Management Inc. raised its holdings in Invesco 0-5 Yr US TIPS ETF by 7.8% in the third quarter. Envestnet Asset Management Inc. now owns 47,606 shares of the company’s stock valued at $1,244,000 after acquiring an additional 3,464 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in Invesco 0-5 Yr US TIPS ETF by 6.3% in the third quarter. Raymond James Financial Inc. now owns 43,212 shares of the company’s stock valued at $1,129,000 after acquiring an additional 2,543 shares in the last quarter.

Invesco 0-5 Yr US TIPS ETF Stock Performance

BATS:PBTP opened at $25.66 on Wednesday. Invesco 0-5 Yr US TIPS ETF has a 52 week low of $25.53 and a 52 week high of $26.49. The company has a fifty day simple moving average of $26.26 and a two-hundred day simple moving average of $26.14.

About Invesco 0-5 Yr US TIPS ETF

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.