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

Invesco 0-5 Yr US TIPS ETF (BATS:PBTPGet Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 15,790 shares, an increase of 189.7% from the May 14th total of 5,450 shares. Based on an average daily volume of 23,512 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.6% of the shares of the company are short sold.

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

Shares of BATS PBTP opened at $26.40 on Friday. The stock has a fifty day moving average price of $26.33 and a 200 day moving average price of $26.17. Invesco 0-5 Yr US TIPS ETF has a 1-year low of $25.87 and a 1-year high of $26.49.

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

Several hedge funds have recently modified their holdings of PBTP. Goldman Sachs Group Inc. lifted its holdings in shares of Invesco 0-5 Yr US TIPS ETF by 354.7% during the first quarter. Goldman Sachs Group Inc. now owns 39,449 shares of the company’s stock worth $1,024,000 after purchasing an additional 30,773 shares during the period. Triad Wealth Partners LLC acquired a new stake in shares of Invesco 0-5 Yr US TIPS ETF during the fourth quarter worth $380,000. Tidemark LLC lifted its holdings in shares of Invesco 0-5 Yr US TIPS ETF by 6.2% during the fourth quarter. Tidemark LLC now owns 210,219 shares of the company’s stock worth $5,448,000 after purchasing an additional 12,313 shares during the period. Citadel Advisors LLC acquired a new stake in shares of Invesco 0-5 Yr US TIPS ETF during the third quarter worth $291,000. Finally, Jane Street Group LLC acquired a new stake in shares of Invesco 0-5 Yr US TIPS ETF during the second quarter worth $239,000.

About Invesco 0-5 Yr US TIPS ETF

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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.

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