Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Sees Significant Drop in Short Interest

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,767 shares, a decrease of 60.6% from the June 15th total of 4,487 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 46,000 shares, the days-to-cover ratio is presently 0.0 days.

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

A number of large investors have recently added to or reduced their stakes in PGHY. Hazlett Burt & Watson Inc. raised its position in Invesco Global ex-US High Yield Corporate Bond ETF by 30.7% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,184 shares of the company’s stock worth $44,000 after acquiring an additional 513 shares in the last quarter. Kestra Advisory Services LLC grew its position 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 acquiring an additional 1,470 shares during the period. Endowment Wealth Management Inc. grew its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 17.5% in the 4th quarter. Endowment Wealth Management Inc. now owns 12,723 shares of the company’s stock valued at $253,000 after acquiring an additional 1,898 shares during the period. Osaic Holdings Inc. increased its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 5.2% during the 2nd quarter. Osaic Holdings Inc. now owns 47,714 shares of the company’s stock worth $948,000 after purchasing an additional 2,360 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 5.4% during the 1st quarter. Cetera Investment Advisers now owns 52,799 shares of the company’s stock worth $1,025,000 after purchasing an additional 2,723 shares during the last quarter.

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

Shares of PGHY stock opened at $19.78 on Monday. Invesco Global ex-US High Yield Corporate Bond ETF has a 12-month low of $19.26 and a 12-month high of $20.40. The firm has a fifty day moving average of $19.79 and a 200-day moving average of $19.82.

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.