Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Short Interest Down 75.1% in August

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 3,694 shares, a decline of 75.1% from the July 30th total of 14,817 shares. Based on an average daily volume of 32,364 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Invesco Global ex-US High Yield Corporate Bond ETF Trading Down 0.3%

NYSEARCA:PGHY traded down $0.06 during trading hours on Friday, reaching $19.63. 34,951 shares of the company’s stock were exchanged, compared to its average volume of 65,789. Invesco Global ex-US High Yield Corporate Bond ETF has a 12 month low of $19.26 and a 12 month high of $20.40. The business’s 50-day simple moving average is $19.70 and its two-hundred day simple moving average is $19.76.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Sound Income Strategies LLC raised its holdings in Invesco Global ex-US High Yield Corporate Bond ETF by 4.6% during the 1st quarter. Sound Income Strategies LLC now owns 738,623 shares of the company’s stock worth $14,440,000 after buying an additional 32,436 shares during the period. Whitcomb & Hess Inc. boosted its holdings 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 worth $14,532,000 after buying an additional 21,797 shares during the period. Baker Avenue Asset Management LP increased its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 8.4% in the fourth quarter. Baker Avenue Asset Management LP now owns 345,008 shares of the company’s stock worth $6,864,000 after acquiring an additional 26,799 shares in the last quarter. Inspire Advisors LLC increased its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 4.5% in the fourth quarter. Inspire Advisors LLC now owns 259,407 shares of the company’s stock worth $5,161,000 after acquiring an additional 11,161 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 4.1% during 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 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.