Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Sees Significant Drop in Short Interest

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 4,487 shares, a drop of 84.6% from the May 31st total of 29,122 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 49,793 shares, the days-to-cover ratio is presently 0.1 days.

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. Bank of America Corp DE raised its holdings in Invesco Global ex-US High Yield Corporate Bond ETF by 4.1% in the 1st quarter. Bank of America Corp DE now owns 256,140 shares of the company’s stock valued at $4,972,000 after buying an additional 10,155 shares during the period. Cetera Investment Advisers boosted its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 5.4% during the first quarter. Cetera Investment Advisers now owns 52,799 shares of the company’s stock worth $1,025,000 after buying an additional 2,723 shares during the period. Kestra Advisory Services LLC boosted its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 15.0% during the first 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. Sound Income Strategies LLC increased its position in shares of 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 valued at $14,440,000 after acquiring an additional 32,436 shares during the last quarter. Finally, Stenger Family Office LLC increased its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 23.0% during the fourth quarter. Stenger Family Office LLC now owns 174,827 shares of the company’s stock valued at $3,185,000 after acquiring an additional 32,634 shares during the last quarter.

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

NYSEARCA:PGHY opened at $19.75 on Friday. Invesco Global ex-US High Yield Corporate Bond ETF has a 52 week low of $19.26 and a 52 week high of $20.40. The stock’s fifty day moving average is $19.81 and its two-hundred day moving average is $19.84.

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.