Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) Stock Short Interest Report for October

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) saw a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 621 shares, a decline of 87.5% from the October 15th total of 4,955 shares. Based on an average trading volume of 4,313 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in IIGD. HighTower Advisors LLC purchased a new position in Invesco Investment Grade Defensive ETF in the 3rd quarter valued at about $381,000. Citadel Advisors LLC boosted its stake in shares of Invesco Investment Grade Defensive ETF by 137.1% during the 2nd quarter. Citadel Advisors LLC now owns 57,170 shares of the company’s stock worth $1,398,000 after purchasing an additional 33,057 shares during the last quarter. Finally, Core Wealth Advisors Inc. boosted its stake in shares of Invesco Investment Grade Defensive ETF by 64.9% during the 1st quarter. Core Wealth Advisors Inc. now owns 62,255 shares of the company’s stock worth $1,531,000 after purchasing an additional 24,494 shares during the last quarter.

Invesco Investment Grade Defensive ETF Stock Performance

Shares of NYSEARCA IIGD traded down $0.02 during trading on Wednesday, reaching $23.99. The company had a trading volume of 355 shares, compared to its average volume of 6,082. Invesco Investment Grade Defensive ETF has a twelve month low of $23.76 and a twelve month high of $24.98. The stock has a 50-day moving average price of $23.98 and a two-hundred day moving average price of $24.42.

Invesco Investment Grade Defensive ETF Company Profile

The Invesco Investment Grade Defensive ETF (IIGD) is an exchange-traded fund that is based on the Invesco Investment Grade Defensive index. The fund tracks a market value-weighted index of investment-grade corporate bonds of intermediate maturities. IIGD was launched on Jul 25, 2018 and is managed by Invesco.