Short Interest in Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Declines By 59.8%

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 92,671 shares, a decline of 59.8% from the May 31st total of 230,394 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 314,490 shares, the short-interest ratio is currently 0.3 days.

Invesco Emerging Markets Sovereign Debt ETF Trading Down 0.4%

PCY stock traded down $0.09 during trading on Tuesday, reaching $21.65. 187,233 shares of the company’s stock were exchanged, compared to its average volume of 461,451. Invesco Emerging Markets Sovereign Debt ETF has a 1-year low of $20.12 and a 1-year high of $22.18. The company’s fifty day moving average price is $21.53 and its 200-day moving average price is $21.55.

Institutional Investors Weigh In On Invesco Emerging Markets Sovereign Debt ETF

Several institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE increased its stake in Invesco Emerging Markets Sovereign Debt ETF by 4.5% during 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 buying an additional 1,019,832 shares during the period. Invesco Ltd. lifted its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 25.0% in the 4th quarter. Invesco Ltd. now owns 2,599,005 shares of the company’s stock worth $56,294,000 after acquiring an additional 519,300 shares during the period. Syon Capital LLC boosted its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 0.9% in the fourth quarter. Syon Capital LLC now owns 1,308,476 shares of the company’s stock valued at $28,342,000 after acquiring an additional 11,744 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 7.0% in the fourth quarter. LPL Financial LLC now owns 841,399 shares of the company’s stock valued at $18,225,000 after acquiring an additional 54,927 shares in the last quarter. Finally, Financial & Tax Architects LLC increased its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 181.0% during the fourth quarter. Financial & Tax Architects LLC now owns 645,169 shares of the company’s stock valued at $13,974,000 after acquiring an additional 415,580 shares during the period. Institutional investors and hedge funds own 69.00% of the company’s stock.

About Invesco Emerging Markets Sovereign Debt ETF

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.