Short Interest in Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Declines By 65.4%

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) saw a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 21,496 shares, a drop of 65.4% from the January 29th total of 62,073 shares. Based on an average daily volume of 167,096 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 167,096 shares, the short-interest ratio is currently 0.1 days.

Invesco Global ex-US High Yield Corporate Bond ETF Price Performance

Shares of NYSEARCA:PGHY traded up $0.03 on Friday, reaching $20.03. The company’s stock had a trading volume of 61,414 shares, compared to its average volume of 104,980. Invesco Global ex-US High Yield Corporate Bond ETF has a 52-week low of $18.75 and a 52-week high of $20.40. The stock’s 50-day moving average is $19.96 and its two-hundred day moving average is $19.97.

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

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were given a dividend of $0.1098 per share. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date of this dividend was Monday, February 23rd.

Institutional Investors Weigh In On Invesco Global ex-US High Yield Corporate Bond ETF

Large investors have recently modified their holdings of the stock. Sowell Financial Services LLC increased its position in Invesco Global ex-US High Yield Corporate Bond ETF by 3.6% during the 4th quarter. Sowell Financial Services LLC now owns 860,104 shares of the company’s stock worth $17,112,000 after purchasing an additional 29,733 shares during the period. Sound Income Strategies LLC increased its position in Invesco Global ex-US High Yield Corporate Bond ETF by 14.9% during the fourth quarter. Sound Income Strategies LLC now owns 706,187 shares of the company’s stock worth $14,141,000 after buying an additional 91,676 shares in the last quarter. Whitcomb & Hess Inc. raised its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 12.3% in the 4th quarter. Whitcomb & Hess Inc. now owns 697,871 shares of the company’s stock valued at $13,943,000 after purchasing an additional 76,266 shares during the last quarter. Baker Avenue Asset Management LP boosted its position in Invesco Global ex-US High Yield Corporate Bond ETF by 8.4% during the fourth quarter. Baker Avenue Asset Management LP now owns 345,008 shares of the company’s stock worth $6,864,000 after acquiring an additional 26,799 shares during the last quarter. Finally, Royal Fund Management LLC boosted its holdings in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 193.7% during the fourth quarter. Royal Fund Management LLC now owns 264,012 shares of the company’s stock worth $5,252,000 after purchasing an additional 174,118 shares during the last quarter.

Invesco Global ex-US High Yield Corporate Bond ETF Company Profile

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.