Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Short Interest Update

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 328,205 shares, an increase of 423.0% from the June 30th total of 62,752 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 309,238 shares, the short-interest ratio is currently 1.1 days.

Invesco Emerging Markets Sovereign Debt ETF Price Performance

NYSEARCA PCY remained flat at $20.97 during trading hours on Friday. 182,083 shares of the company’s stock were exchanged, compared to its average volume of 436,597. The firm has a fifty day moving average price of $21.47 and a 200-day moving average price of $21.51. Invesco Emerging Markets Sovereign Debt ETF has a 52 week low of $20.42 and a 52 week high of $22.18.

Hedge Funds Weigh In On Invesco Emerging Markets Sovereign Debt ETF

Several large investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 4.5% during the first quarter. Bank of America Corp DE now owns 23,615,035 shares of the company’s stock worth $493,554,000 after acquiring an additional 1,019,832 shares during the period. Annex Advisory Services LLC grew its stake in Invesco Emerging Markets Sovereign Debt ETF by 5.3% during the 2nd quarter. Annex Advisory Services LLC now owns 4,214,276 shares of the company’s stock worth $91,239,000 after purchasing an additional 211,608 shares in the last quarter. Invesco Ltd. increased its holdings in Invesco Emerging Markets Sovereign Debt ETF by 25.0% during the 4th quarter. Invesco Ltd. now owns 2,599,005 shares of the company’s stock worth $56,294,000 after purchasing an additional 519,300 shares during the period. Syon Capital LLC increased its holdings in Invesco Emerging Markets Sovereign Debt ETF by 0.9% during the 4th quarter. Syon Capital LLC now owns 1,308,476 shares of the company’s stock worth $28,342,000 after purchasing an additional 11,744 shares during the period. Finally, LPL Financial LLC raised its position in Invesco Emerging Markets Sovereign Debt ETF by 7.0% in the 4th quarter. LPL Financial LLC now owns 841,399 shares of the company’s stock valued at $18,225,000 after purchasing an additional 54,927 shares in the last quarter. 69.00% of the stock is currently owned by institutional investors and hedge funds.

Invesco Emerging Markets Sovereign Debt ETF Company Profile

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.