Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Short Interest Down 60.6% in June

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 1,767 shares, a decline of 60.6% from the June 15th total of 4,487 shares. Based on an average daily volume of 46,000 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

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

PGHY remained flat at $19.79 during trading on Wednesday. 18,699 shares of the company’s stock were exchanged, compared to its average volume of 72,451. Invesco Global ex-US High Yield Corporate Bond ETF has a 1 year low of $19.26 and a 1 year high of $20.40. The company’s 50 day moving average price is $19.79 and its two-hundred day moving average price is $19.82.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Whitcomb & Hess Inc. increased 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 during the last quarter. Bank of America Corp DE boosted its holdings in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 4.1% during the 1st quarter. Bank of America Corp DE now owns 256,140 shares of the company’s stock worth $4,972,000 after buying an additional 10,155 shares during the period. Cetera Investment Advisers grew its position 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 valued at $1,025,000 after purchasing an additional 2,723 shares during the last quarter. Kestra Advisory Services LLC increased its position in Invesco Global ex-US High Yield Corporate Bond ETF by 15.0% during the 1st quarter. Kestra Advisory Services LLC now owns 11,298 shares of the company’s stock worth $219,000 after buying an additional 1,470 shares during the period. Finally, Sound Income Strategies LLC increased its position in Invesco Global ex-US High Yield Corporate Bond ETF by 4.6% during 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.

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.