Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Short Interest Update

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) was the recipient of a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 16,878 shares, a decline of 76.2% from the February 26th total of 70,969 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 74,267 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 74,267 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Trading of Invesco Global ex-US High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Inspire Advisors LLC boosted its holdings in Invesco Global ex-US High Yield Corporate Bond ETF by 15.4% in the 3rd quarter. Inspire Advisors LLC now owns 248,246 shares of the company’s stock worth $4,961,000 after buying an additional 33,199 shares during the period. Stenger Family Office LLC purchased a new position in Invesco Global ex-US High Yield Corporate Bond ETF in the 2nd quarter valued at approximately $2,573,000. Whitcomb & Hess Inc. raised its holdings in Invesco Global ex-US High Yield Corporate Bond ETF by 8.7% during the 3rd quarter. Whitcomb & Hess Inc. now owns 621,605 shares of the company’s stock valued at $12,422,000 after acquiring an additional 49,532 shares during the period. Sound Income Strategies LLC raised its holdings in Invesco Global ex-US High Yield Corporate Bond ETF by 11.4% during the 3rd quarter. Sound Income Strategies LLC now owns 614,511 shares of the company’s stock valued at $12,204,000 after acquiring an additional 63,036 shares during the period. Finally, Simplicity Wealth LLC purchased a new stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF during the third quarter worth $1,723,000.

Invesco Global ex-US High Yield Corporate Bond ETF Stock Up 0.2%

Shares of PGHY stock traded up $0.04 on Wednesday, hitting $19.52. 23,920 shares of the stock were exchanged, compared to its average volume of 91,192. Invesco Global ex-US High Yield Corporate Bond ETF has a one year low of $18.75 and a one year high of $20.40. The firm’s 50 day moving average is $19.88 and its two-hundred day moving average is $19.93.

Invesco Global ex-US High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were paid a $0.1098 dividend. The ex-dividend date was Monday, February 23rd. This represents a c) annualized dividend and a dividend yield of 6.8%.

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.