Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Short Interest Up 223.5% in June

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 294,621 shares, a growth of 223.5% from the May 31st total of 91,073 shares. Based on an average daily trading volume, of 517,191 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Investors Weigh In On Invesco Ultra Short Duration ETF

Hedge funds have recently made changes to their positions in the company. Hilltop Holdings Inc. grew its holdings in Invesco Ultra Short Duration ETF by 2.1% during the 4th quarter. Hilltop Holdings Inc. now owns 11,615 shares of the company’s stock valued at $584,000 after buying an additional 244 shares in the last quarter. Regatta Capital Group LLC boosted its position in shares of Invesco Ultra Short Duration ETF by 0.7% during the 4th quarter. Regatta Capital Group LLC now owns 36,799 shares of the company’s stock valued at $1,849,000 after acquiring an additional 264 shares during the last quarter. Parallel Advisors LLC boosted its position in shares of Invesco Ultra Short Duration ETF by 6.6% during the 3rd quarter. Parallel Advisors LLC now owns 4,880 shares of the company’s stock valued at $245,000 after acquiring an additional 300 shares during the last quarter. NFSG Corp grew its holdings in shares of Invesco Ultra Short Duration ETF by 30.0% in the first quarter. NFSG Corp now owns 1,349 shares of the company’s stock valued at $68,000 after purchasing an additional 311 shares in the last quarter. Finally, MAI Capital Management grew its holdings in shares of Invesco Ultra Short Duration ETF by 1.6% in the third quarter. MAI Capital Management now owns 21,419 shares of the company’s stock valued at $1,076,000 after purchasing an additional 334 shares in the last quarter.

Invesco Ultra Short Duration ETF Price Performance

Shares of NYSEARCA:GSY traded up $0.01 during midday trading on Friday, reaching $50.13. 790,830 shares of the company were exchanged, compared to its average volume of 803,031. The business’s fifty day moving average is $50.16 and its two-hundred day moving average is $50.22. Invesco Ultra Short Duration ETF has a one year low of $50.05 and a one year high of $50.39.

About Invesco Ultra Short Duration ETF

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.