Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Short Interest Up 471.3% in May

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 322,681 shares, an increase of 471.3% from the April 30th total of 56,478 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 254,309 shares, the short-interest ratio is currently 1.3 days.

Institutional Investors Weigh In On Invesco Emerging Markets Sovereign Debt ETF

A number of large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in Invesco Emerging Markets Sovereign Debt ETF by 4.5% in the 1st quarter. Bank of America Corp DE now owns 23,615,035 shares of the company’s stock valued at $493,554,000 after acquiring an additional 1,019,832 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 25.0% during the 4th quarter. Invesco Ltd. now owns 2,599,005 shares of the company’s stock worth $56,294,000 after purchasing an additional 519,300 shares during the last quarter. Syon Capital LLC boosted its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 0.9% during the 4th quarter. Syon Capital LLC now owns 1,308,476 shares of the company’s stock worth $28,342,000 after purchasing an additional 11,744 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 7.0% during the 4th quarter. LPL Financial LLC now owns 841,399 shares of the company’s stock worth $18,225,000 after purchasing an additional 54,927 shares during the last quarter. Finally, Financial & Tax Architects LLC boosted its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 181.0% during the 4th quarter. Financial & Tax Architects LLC now owns 645,169 shares of the company’s stock worth $13,974,000 after purchasing an additional 415,580 shares during the last quarter. 69.00% of the stock is owned by institutional investors and hedge funds.

Invesco Emerging Markets Sovereign Debt ETF Price Performance

NYSEARCA PCY traded up $0.05 during trading hours on Thursday, reaching $21.50. The company’s stock had a trading volume of 423,199 shares, compared to its average volume of 487,397. Invesco Emerging Markets Sovereign Debt ETF has a fifty-two week low of $19.73 and a fifty-two week high of $22.18. The company’s 50-day moving average is $21.30 and its two-hundred day moving average is $21.57.

Invesco Emerging Markets Sovereign Debt ETF Company Profile

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.