Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Short Interest Up 2,784.6% in July

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 187,500 shares, agrowthof2,784.6% from the July 15th total of 6,500 shares. Based on an average trading volume of 554,400 shares, the days-to-cover ratio is currently 0.3 days. Currently,0.3% of the shares of the stock are short sold. Currently,0.3% of the shares of the stock are short sold. Based on an average trading volume of 554,400 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Invesco Ultra Short Duration ETF

Several large investors have recently added to or reduced their stakes in the business. Jane Street Group LLC lifted its position in Invesco Ultra Short Duration ETF by 2,763.3% during the second quarter. Jane Street Group LLC now owns 202,747 shares of the company’s stock worth $10,166,000 after buying an additional 195,666 shares during the period. Raymond James Financial Inc. raised its holdings in shares of Invesco Ultra Short Duration ETF by 16.7% in the 2nd quarter. Raymond James Financial Inc. now owns 910,918 shares of the company’s stock worth $45,673,000 after purchasing an additional 130,482 shares during the period. Daner Wealth Management LLC purchased a new position in shares of Invesco Ultra Short Duration ETF in the 2nd quarter worth about $5,433,000. Financial & Tax Architects LLC raised its holdings in shares of Invesco Ultra Short Duration ETF by 26.2% in the 2nd quarter. Financial & Tax Architects LLC now owns 11,513 shares of the company’s stock worth $577,000 after purchasing an additional 2,388 shares during the period. Finally, StoneX Group Inc. purchased a new position in shares of Invesco Ultra Short Duration ETF in the 2nd quarter worth about $369,000.

Invesco Ultra Short Duration ETF Stock Performance

NYSEARCA GSY opened at $50.28 on Friday. The business’s 50-day moving average price is $50.18 and its 200 day moving average price is $50.15. Invesco Ultra Short Duration ETF has a twelve month low of $49.98 and a twelve month high of $50.37.

Invesco Ultra Short Duration ETF Company Profile

The Invesco Ultra Short Duration ETF (GSY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to outperform the Barclays Capital 1-3 Month U.S. Treasury Bill Index by investing in a diverse portfolio of investment-grade securities. GSY was launched on Feb 12, 2008 and is managed by Invesco.