Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Short Interest Up 111.2% in January

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 74,023 shares, a growth of 111.2% from the December 31st total of 35,049 shares. Based on an average daily trading volume, of 97,771 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.7% of the shares of the company are short sold. Approximately 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 97,771 shares, the days-to-cover ratio is presently 0.8 days.

Invesco Global ex-US High Yield Corporate Bond ETF Stock Down 0.1%

Invesco Global ex-US High Yield Corporate Bond ETF stock traded down $0.01 during mid-day trading on Friday, hitting $19.97. 13,582 shares of the company’s stock traded hands, compared to its average volume of 90,182. Invesco Global ex-US High Yield Corporate Bond ETF has a one year low of $18.75 and a one year high of $20.40. The firm has a 50 day moving average price of $19.94 and a 200 day moving average price of $19.96.

Invesco Global ex-US High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were issued a $0.1181 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) annualized dividend and a yield of 7.1%.

Hedge Funds Weigh In On Invesco Global ex-US High Yield Corporate Bond ETF

Large investors have recently bought and sold shares of the stock. CWM LLC lifted its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 11.3% in the 2nd quarter. CWM LLC now owns 6,166 shares of the company’s stock worth $123,000 after acquiring an additional 626 shares during the period. Capital Investment Advisory Services LLC lifted its position in Invesco Global ex-US High Yield Corporate Bond ETF by 3.2% in the third quarter. Capital Investment Advisory Services LLC now owns 33,930 shares of the company’s stock worth $678,000 after purchasing an additional 1,052 shares during the period. Farther Finance Advisors LLC bought a new position in Invesco Global ex-US High Yield Corporate Bond ETF during the 3rd quarter valued at $27,000. HighTower Advisors LLC increased its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 2.3% during the 3rd quarter. HighTower Advisors LLC now owns 88,778 shares of the company’s stock valued at $1,774,000 after purchasing an additional 1,971 shares during the period. Finally, Atria Wealth Solutions Inc. raised its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 13.4% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 18,828 shares of the company’s stock worth $374,000 after buying an additional 2,220 shares in the last quarter.

About Invesco Global ex-US High Yield Corporate Bond ETF

The Invesco Global Short Term High Yield Bond ETF (PGHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an equal-weighted index of short-term USD-denominated, high-yield corporate bonds issues by US and foreign corporations. PGHY was launched on Jun 20, 2013 and is managed by Invesco.