Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Shares Shorted: Short Interest Down 55.5% in September

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totaling 5,994 shares, a drop of 55.5% from the September 15th total of 13,464 shares. Based on an average daily trading volume, of 71,205 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

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

Invesco Global ex-US High Yield Corporate Bond ETF stock traded up $0.05 during trading on Thursday, reaching $19.05. The company had a trading volume of 19,362 shares, compared to its average volume of 64,376. The firm’s 50-day simple moving average is $19.44 and its 200 day simple moving average is $19.64. Invesco Global ex-US High Yield Corporate Bond ETF has a 1-year low of $18.95 and a 1-year high of $20.19.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PGHY. Sound Income Strategies LLC raised its holdings in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 36.8% during the third quarter. Sound Income Strategies LLC now owns 1,039,260 shares of the company’s stock valued at $19,715,000 after acquiring an additional 279,677 shares during the last quarter. Stenger Family Office LLC lifted its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 23.0% in the fourth quarter. Stenger Family Office LLC now owns 174,827 shares of the company’s stock valued at $3,185,000 after acquiring an additional 32,634 shares in the last quarter. Whitcomb & Hess Inc. lifted its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 3.0% in the second quarter. Whitcomb & Hess Inc. now owns 737,661 shares of the company’s stock valued at $14,532,000 after acquiring an additional 21,797 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 4.1% in the first quarter. Bank of America Corp DE now owns 256,140 shares of the company’s stock valued at $4,972,000 after acquiring an additional 10,155 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 5.4% in the first quarter. Cetera Investment Advisers now owns 52,799 shares of the company’s stock worth $1,025,000 after acquiring an additional 2,723 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.