Short Interest in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Expands By 51.5%

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 356,800 shares, an increase of 51.5% from the August 15th total of 235,500 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average trading volume of 572,600 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 572,600 shares, the short-interest ratio is currently 0.6 days. Approximately 0.7% of the company’s stock are short sold.

Invesco Ultra Short Duration ETF Trading Up 0.0%

Shares of NYSEARCA:GSY opened at $50.35 on Thursday. The business’s 50 day simple moving average is $50.21 and its two-hundred day simple moving average is $50.16. Invesco Ultra Short Duration ETF has a 52-week low of $49.98 and a 52-week high of $50.37.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Milestones Private Investment Advisors LLC bought a new position in shares of Invesco Ultra Short Duration ETF in the second quarter valued at approximately $508,000. WT Wealth Management lifted its holdings in shares of Invesco Ultra Short Duration ETF by 4.5% in the second quarter. WT Wealth Management now owns 16,465 shares of the company’s stock valued at $826,000 after purchasing an additional 705 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in shares of Invesco Ultra Short Duration ETF by 47.2% in the second quarter. Osaic Holdings Inc. now owns 723,610 shares of the company’s stock valued at $36,283,000 after purchasing an additional 232,130 shares in the last quarter. Barnes Wealth Management Group Inc lifted its holdings in shares of Invesco Ultra Short Duration ETF by 4.5% in the second quarter. Barnes Wealth Management Group Inc now owns 40,695 shares of the company’s stock valued at $2,040,000 after purchasing an additional 1,751 shares in the last quarter. Finally, TT Capital Management LLC bought a new position in shares of Invesco Ultra Short Duration ETF in the second quarter valued at approximately $1,629,000.

About Invesco Ultra Short Duration ETF

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.