Short Interest in Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) Grows By 90.3%

Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 50,800 shares, anincreaseof90.3% from the June 30th total of 26,700 shares. Based on an average daily trading volume, of 140,600 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 140,600 shares, the short-interest ratio is currently 0.4 days.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Up 0.2%

GOVI stock opened at $27.59 on Wednesday. The firm’s 50 day moving average price is $27.13 and its 200-day moving average price is $27.29. Invesco Equal Weight 0-30 Year Treasury ETF has a one year low of $26.40 and a one year high of $29.74.

Invesco Equal Weight 0-30 Year Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 25th. Stockholders of record on Monday, July 21st were paid a $0.0851 dividend. The ex-dividend date of this dividend was Monday, July 21st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in GOVI. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the first quarter worth approximately $39,000. Harbour Investments Inc. increased its position in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 31.4% in the 1st quarter. Harbour Investments Inc. now owns 2,761 shares of the company’s stock valued at $77,000 after purchasing an additional 660 shares during the last quarter. Kingsview Wealth Management LLC acquired a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the 1st quarter valued at $204,000. Alteri Wealth LLC purchased a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the 4th quarter worth $206,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the 4th quarter worth $216,000.

Invesco Equal Weight 0-30 Year Treasury ETF Company Profile

The Invesco Equal Weight 0-30 Year Treasury ETF (GOVI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that invests in an equal-weighted 30-year ladder of US Treasury securities. GOVI was launched on Oct 11, 2007 and is issued by Invesco.