Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Sees Significant Decrease in Short Interest

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCYGet Free Report) was the target of a large decline in short interest in March. As of March 13th, there was short interest totaling 22,239 shares, a decline of 91.5% from the February 26th total of 260,481 shares. Based on an average daily volume of 487,624 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 487,624 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Realta Investment Advisors lifted its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 104.9% during the 3rd quarter. Realta Investment Advisors now owns 1,164 shares of the company’s stock worth $25,000 after purchasing an additional 596 shares during the last quarter. Qube Research & Technologies Ltd bought a new position in Invesco Emerging Markets Sovereign Debt ETF in the second quarter worth about $52,000. PNC Financial Services Group Inc. lifted its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 29.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,219 shares of the company’s stock valued at $113,000 after buying an additional 1,177 shares during the last quarter. Sound Income Strategies LLC lifted its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 60.0% during the third quarter. Sound Income Strategies LLC now owns 6,672 shares of the company’s stock valued at $144,000 after buying an additional 2,501 shares during the last quarter. Finally, CoreCap Advisors LLC boosted its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 1,023.2% in the 4th quarter. CoreCap Advisors LLC now owns 7,447 shares of the company’s stock valued at $161,000 after buying an additional 6,784 shares in the last quarter. 69.00% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Emerging Markets Sovereign Debt ETF Price Performance

Shares of PCY traded down $0.09 during mid-day trading on Tuesday, hitting $20.77. The company’s stock had a trading volume of 586,939 shares, compared to its average volume of 594,708. The company’s 50-day moving average is $21.62 and its 200-day moving average is $21.68. Invesco Emerging Markets Sovereign Debt ETF has a 52-week low of $18.71 and a 52-week high of $22.18.

Invesco Emerging Markets Sovereign Debt ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were issued a dividend of $0.1043 per share. The ex-dividend date was Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 6.0%.

Invesco Emerging Markets Sovereign Debt ETF Company Profile

(Get Free Report)

The Invesco Emerging Markets Sovereign Debt ETF (PCY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a tier-weighted index of US-dollar-denominated sovereign debt in emerging markets with at least 3 years to maturity. PCY was launched on Oct 11, 2007 and is managed by Invesco.

Further Reading

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