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 target of a large increase in short interest in August. As of August 31st, there was short interest totaling 8,598 shares, an increase of 132.8% from the August 15th total of 3,694 shares. Based on an average daily volume of 35,863 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Invesco Global ex-US High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Whitcomb & Hess Inc. boosted its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 3.0% in the 2nd quarter. Whitcomb & Hess Inc. now owns 737,661 shares of the company’s stock worth $14,532,000 after purchasing an additional 21,797 shares during the period. Bank of America Corp DE increased its holdings in Invesco Global ex-US High Yield Corporate Bond ETF by 4.1% during the 1st quarter. Bank of America Corp DE now owns 256,140 shares of the company’s stock worth $4,972,000 after purchasing an additional 10,155 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 5.4% in the 1st quarter. Cetera Investment Advisers now owns 52,799 shares of the company’s stock valued at $1,025,000 after purchasing an additional 2,723 shares during the period. Kestra Advisory Services LLC raised its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 15.0% in the 1st quarter. Kestra Advisory Services LLC now owns 11,298 shares of the company’s stock valued at $219,000 after purchasing an additional 1,470 shares during the period. Finally, Sound Income Strategies LLC lifted its holdings in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 4.6% in the first quarter. Sound Income Strategies LLC now owns 738,623 shares of the company’s stock valued at $14,440,000 after purchasing an additional 32,436 shares in the last quarter.

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

Shares of PGHY opened at $19.53 on Monday. Invesco Global ex-US High Yield Corporate Bond ETF has a twelve month low of $19.26 and a twelve month high of $20.40. The firm’s 50 day moving average price is $19.67 and its two-hundred day moving average price is $19.73.

About Invesco Global ex-US High Yield Corporate Bond ETF

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.