Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) Sees Large Decline in Short Interest

Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 4,241 shares, a decrease of 47.6% from the July 30th total of 8,090 shares. Based on an average daily trading volume, of 65,428 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the company’s shares are short sold.

Invesco 0-5 Yr US TIPS ETF Trading Up 0.0%

BATS:PBTP opened at $25.69 on Tuesday. The firm’s 50 day simple moving average is $25.68 and its 200 day simple moving average is $26.05. Invesco 0-5 Yr US TIPS ETF has a one year low of $25.53 and a one year high of $26.49.

Hedge Funds Weigh In On Invesco 0-5 Yr US TIPS ETF

Several large investors have recently modified their holdings of the business. Kestra Advisory Services LLC acquired a new position in Invesco 0-5 Yr US TIPS ETF during the 4th quarter worth about $42,000. Highland Investment Advisors LLC bought a new stake in Invesco 0-5 Yr US TIPS ETF in the second quarter worth approximately $68,000. Jane Street Group LLC bought a new stake in Invesco 0-5 Yr US TIPS ETF in the second quarter worth approximately $239,000. Citadel Advisors LLC acquired a new position in Invesco 0-5 Yr US TIPS ETF in the third quarter valued at approximately $291,000. Finally, Compass Financial Management LLC acquired a new position in Invesco 0-5 Yr US TIPS ETF in the second quarter valued at approximately $424,000.

Invesco 0-5 Yr US TIPS ETF Company Profile

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.