Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Short Interest Update

Invesco Ultra Short Duration ETF (NYSEARCA:GSY) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 561,772 shares, a decrease of 57.6% from the June 30th total of 1,325,601 shares. Based on an average daily trading volume, of 629,665 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.7% of the company’s stock are short sold.

Hedge Funds Weigh In On Invesco Ultra Short Duration ETF

A number of large investors have recently modified their holdings of the company. Beacon Investment Advisory Services Inc. lifted its stake in shares of Invesco Ultra Short Duration ETF by 67.0% in the fourth quarter. Beacon Investment Advisory Services Inc. now owns 117,880 shares of the company’s stock valued at $5,923,000 after buying an additional 47,297 shares in the last quarter. Flagship Harbor Advisors LLC increased its position in shares of Invesco Ultra Short Duration ETF by 9.1% during the fourth quarter. Flagship Harbor Advisors LLC now owns 186,865 shares of the company’s stock worth $9,390,000 after acquiring an additional 15,532 shares in the last quarter. Annex Advisory Services LLC acquired a new stake in shares of Invesco Ultra Short Duration ETF in the 4th quarter worth about $78,124,000. Concurrent Investment Advisors LLC lifted its position in Invesco Ultra Short Duration ETF by 5.8% in the 4th quarter. Concurrent Investment Advisors LLC now owns 187,898 shares of the company’s stock valued at $9,442,000 after acquiring an additional 10,260 shares in the last quarter. Finally, Transcendent Capital Group LLC lifted its position in Invesco Ultra Short Duration ETF by 837.6% in the 4th quarter. Transcendent Capital Group LLC now owns 130,052 shares of the company’s stock valued at $6,535,000 after acquiring an additional 116,181 shares in the last quarter.

Invesco Ultra Short Duration ETF Stock Performance

Shares of NYSEARCA:GSY opened at $50.08 on Monday. Invesco Ultra Short Duration ETF has a 52-week low of $50.05 and a 52-week high of $50.39. The business’s 50 day simple moving average is $50.16 and its two-hundred day simple moving average is $50.20.

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.