Short Interest in Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Increases By 111.2%

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 74,023 shares, an increase of 111.2% from the December 31st total of 35,049 shares. Based on an average daily volume of 97,771 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.7% of the shares of the company are sold short. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 97,771 shares, the days-to-cover ratio is presently 0.8 days.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new position in Invesco Global ex-US High Yield Corporate Bond ETF in the 3rd quarter worth about $27,000. JPMorgan Chase & Co. grew its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 421.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,618 shares of the company’s stock worth $92,000 after buying an additional 3,732 shares during the last quarter. CWM LLC grew its holdings in Invesco Global ex-US High Yield Corporate Bond ETF by 11.3% in the second quarter. CWM LLC now owns 6,166 shares of the company’s stock worth $123,000 after purchasing an additional 626 shares during the last quarter. Endowment Wealth Management Inc. purchased a new position in Invesco Global ex-US High Yield Corporate Bond ETF during the 2nd quarter worth $214,000. Finally, Focus Partners Wealth purchased a new stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF during the first quarter worth about $258,000.

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

Shares of NYSEARCA PGHY opened at $19.98 on Friday. The firm has a fifty day moving average price of $19.94 and a 200-day moving average price of $19.96. Invesco Global ex-US High Yield Corporate Bond ETF has a 1 year low of $18.75 and a 1 year high of $20.40.

Invesco Global ex-US High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were paid a dividend of $0.1181 per share. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a yield of 7.1%.

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.