Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Short Interest Down 88.2% in August

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 64,150 shares, a decrease of 88.2% from the July 30th total of 545,787 shares. Based on an average daily volume of 1,049,439 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Invesco Ultra Short Duration ETF Stock Down 0.0%

GSY stock traded down $0.01 during midday trading on Friday, hitting $50.12. The company’s stock had a trading volume of 534,806 shares, compared to its average volume of 793,173. The company’s fifty day moving average price is $50.17 and its 200 day moving average price is $50.19. Invesco Ultra Short Duration ETF has a twelve month low of $50.05 and a twelve month high of $50.39.

Institutional Trading of Invesco Ultra Short Duration ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Corient Private Wealth LP acquired a new position in shares of Invesco Ultra Short Duration ETF during the 2nd quarter worth approximately $7,290,000. Ameritas Advisory Services LLC bought a new stake in shares of Invesco Ultra Short Duration ETF during the 2nd quarter worth approximately $3,017,000. Hutchens & Kramer Investment Management Group LLC boosted its holdings in shares of Invesco Ultra Short Duration ETF by 32.4% in the 2nd quarter. Hutchens & Kramer Investment Management Group LLC now owns 20,243 shares of the company’s stock valued at $1,015,000 after buying an additional 4,951 shares during the last quarter. Advisory Solutions Group LLC acquired a new stake in shares of Invesco Ultra Short Duration ETF in the 2nd quarter valued at approximately $384,000. Finally, TD Waterhouse Canada Inc. grew its stake in shares of Invesco Ultra Short Duration ETF by 30.9% in the second quarter. TD Waterhouse Canada Inc. now owns 2,298 shares of the company’s stock valued at $113,000 after buying an additional 543 shares in the last quarter.

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.