Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Short Interest Down 84.6% in June

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 4,487 shares, a decrease of 84.6% from the May 31st total of 29,122 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 49,793 shares, the days-to-cover ratio is presently 0.1 days.

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

NYSEARCA PGHY traded down $0.01 on Friday, reaching $19.74. 56,590 shares of the stock were exchanged, compared to its average volume of 75,141. Invesco Global ex-US High Yield Corporate Bond ETF has a one year low of $19.26 and a one year high of $20.40. The company’s 50-day simple moving average is $19.81 and its two-hundred day simple moving average is $19.84.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Sowell Financial Services LLC increased its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 3.6% in the 4th quarter. Sowell Financial Services LLC now owns 860,104 shares of the company’s stock worth $17,112,000 after buying an additional 29,733 shares in the last quarter. Sound Income Strategies LLC boosted its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 4.6% in the first quarter. Sound Income Strategies LLC now owns 738,623 shares of the company’s stock worth $14,440,000 after acquiring an additional 32,436 shares during the period. Whitcomb & Hess Inc. grew its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 12.3% during the fourth quarter. Whitcomb & Hess Inc. now owns 697,871 shares of the company’s stock worth $13,943,000 after purchasing an additional 76,266 shares in the last quarter. Baker Avenue Asset Management LP raised its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 8.4% during the 4th quarter. Baker Avenue Asset Management LP now owns 345,008 shares of the company’s stock valued at $6,864,000 after purchasing an additional 26,799 shares during the period. Finally, Royal Fund Management LLC lifted its holdings in Invesco Global ex-US High Yield Corporate Bond ETF by 193.7% in the 4th 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 in 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.