Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) Shares Shorted: Short Interest Down 41.9% in September

Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 27,130 shares, a drop of 41.9% from the September 15th total of 46,696 shares. Based on an average trading volume of 38,251 shares, the days-to-cover ratio is presently 0.7 days. Currently, 1.0% of the shares of the company are sold short.

Invesco 0-5 Yr US TIPS ETF Trading Up 0.1%

Shares of Invesco 0-5 Yr US TIPS ETF stock opened at $25.58 on Thursday. Invesco 0-5 Yr US TIPS ETF has a twelve month low of $25.39 and a twelve month high of $26.45. The company has a 50-day simple moving average of $25.62 and a two-hundred day simple moving average of $25.92.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Hobart Private Capital LLC bought a new position in shares of Invesco 0-5 Yr US TIPS ETF during the second quarter worth approximately $495,000. Envestnet Asset Management Inc. raised its position in shares of Invesco 0-5 Yr US TIPS ETF by 27.6% in the second quarter. Envestnet Asset Management Inc. now owns 58,729 shares of the company’s stock valued at $1,507,000 after buying an additional 12,714 shares in the last quarter. Trilogy Capital Inc. boosted its stake in shares of Invesco 0-5 Yr US TIPS ETF by 10.0% in the first quarter. Trilogy Capital Inc. now owns 33,504 shares of the company’s stock valued at $876,000 after buying an additional 3,058 shares during the period. Highland Investment Advisors LLC bought a new stake in shares of Invesco 0-5 Yr US TIPS ETF in the second quarter valued at approximately $68,000. Finally, Arkadios Wealth Advisors boosted its stake in shares of Invesco 0-5 Yr US TIPS ETF by 8.2% in the first quarter. Arkadios Wealth Advisors now owns 24,291 shares of the company’s stock valued at $635,000 after buying an additional 1,850 shares during the period.

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.