Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Shares Shorted: Short Interest Up 56.6% in September

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 13,464 shares, a growth of 56.6% from the August 31st total of 8,598 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 41,583 shares, the days-to-cover ratio is presently 0.3 days.

Invesco Global ex-US High Yield Corporate Bond ETF Stock Down 0.1%

Shares of Invesco Global ex-US High Yield Corporate Bond ETF stock traded down $0.01 on Wednesday, reaching $19.09. The company’s stock had a trading volume of 17,465 shares, compared to its average volume of 64,798. Invesco Global ex-US High Yield Corporate Bond ETF has a 52-week low of $18.99 and a 52-week high of $20.22. The stock has a 50-day moving average price of $19.58 and a 200-day moving average price of $19.69.

Hedge Funds Weigh In On Invesco Global ex-US High Yield Corporate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Whitcomb & Hess Inc. grew its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 3.0% in the second quarter. Whitcomb & Hess Inc. now owns 737,661 shares of the company’s stock valued at $14,532,000 after purchasing an additional 21,797 shares during the period. Sound Income Strategies LLC raised its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 4.6% during the 1st quarter. Sound Income Strategies LLC now owns 738,623 shares of the company’s stock worth $14,440,000 after purchasing an additional 32,436 shares during the last quarter. Bank of America Corp DE raised its position in shares of 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 during the last quarter. Stenger Family Office LLC lifted its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 23.0% in the 4th quarter. Stenger Family Office LLC now owns 174,827 shares of the company’s stock valued at $3,185,000 after buying an additional 32,634 shares in the last quarter. Finally, HighTower Advisors LLC lifted its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 4.9% in the 4th quarter. HighTower Advisors LLC now owns 93,121 shares of the company’s stock valued at $1,853,000 after buying an additional 4,343 shares in the last quarter.

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.