Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) Short Interest Up 325.0% in April

Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 1,700 shares, an increase of 325.0% from the March 31st total of 400 shares. Based on an average daily volume of 24,600 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Invesco High Yield Bond Factor ETF

Several large investors have recently modified their holdings of the business. Simplicity Wealth LLC raised its holdings in shares of Invesco High Yield Bond Factor ETF by 354.4% in the 4th quarter. Simplicity Wealth LLC now owns 60,847 shares of the company’s stock valued at $1,362,000 after buying an additional 47,456 shares during the period. Security Financial Services INC. purchased a new position in shares of Invesco High Yield Bond Factor ETF in the 3rd quarter valued at about $710,000. Avestar Capital LLC increased its holdings in shares of Invesco High Yield Bond Factor ETF by 24.4% in the 4th quarter. Avestar Capital LLC now owns 21,729 shares of the company’s stock valued at $486,000 after acquiring an additional 4,261 shares during the last quarter. Commonwealth Equity Services LLC purchased a new position in shares of Invesco High Yield Bond Factor ETF in the 3rd quarter valued at about $421,000. Finally, PAX Financial Group LLC acquired a new stake in shares of Invesco High Yield Bond Factor ETF in the 3rd quarter valued at about $299,000.

Invesco High Yield Bond Factor ETF Stock Performance

Shares of Invesco High Yield Bond Factor ETF stock traded up $0.06 during trading hours on Friday, hitting $21.95. The company’s stock had a trading volume of 2,397 shares, compared to its average volume of 21,593. Invesco High Yield Bond Factor ETF has a twelve month low of $20.78 and a twelve month high of $22.42. The firm has a fifty day moving average of $22.13 and a 200-day moving average of $21.93.

Invesco High Yield Bond Factor ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, April 26th. Stockholders of record on Tuesday, April 23rd will be paid a $0.1409 dividend. This represents a $1.69 annualized dividend and a dividend yield of 7.71%. The ex-dividend date of this dividend is Monday, April 22nd.

Invesco High Yield Bond Factor ETF Company Profile

The Invesco High Yield Bond Factor ETF (IHYF) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively-managed fund designed to provide exposure to a broad selection of high yield, fixed income securities. IHYF was launched on Dec 2, 2020 and is managed by Invesco.