Short Interest in Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Decreases By 65.2%

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 56,478 shares, a decline of 65.2% from the April 15th total of 162,161 shares. Based on an average daily volume of 278,722 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Invesco Emerging Markets Sovereign Debt ETF Trading Down 1.1%

PCY traded down $0.23 on Friday, hitting $21.21. 222,432 shares of the company’s stock were exchanged, compared to its average volume of 501,962. Invesco Emerging Markets Sovereign Debt ETF has a fifty-two week low of $19.42 and a fifty-two week high of $22.18. The firm has a 50-day moving average price of $21.33 and a 200-day moving average price of $21.61.

Institutional Investors Weigh In On Invesco Emerging Markets Sovereign Debt ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its stake in Invesco Emerging Markets Sovereign Debt ETF by 4.2% during the 3rd quarter. Bank of America Corp DE now owns 22,132,281 shares of the company’s stock worth $477,172,000 after purchasing an additional 898,078 shares during the last quarter. Invesco Ltd. boosted its position in shares of 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 valued at $56,294,000 after acquiring an additional 519,300 shares during the last quarter. Syon Capital LLC boosted its position in shares of 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 valued at $28,342,000 after acquiring an additional 11,744 shares during the last quarter. LPL Financial LLC boosted its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 7.0% during the 4th quarter. LPL Financial LLC now owns 841,399 shares of the company’s stock valued at $18,225,000 after acquiring an additional 54,927 shares during the last quarter. Finally, Financial & Tax Architects LLC boosted its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 181.0% during the 4th quarter. Financial & Tax Architects LLC now owns 645,169 shares of the company’s stock valued at $13,974,000 after acquiring an additional 415,580 shares during the last quarter. Institutional investors and hedge funds own 69.00% of the company’s stock.

About Invesco Emerging Markets Sovereign Debt ETF

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.