Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Short Interest Update

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 328,205 shares, a growth of 423.0% from the June 30th total of 62,752 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily volume of 309,238 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in PCY. Qube Research & Technologies Ltd purchased a new stake in Invesco Emerging Markets Sovereign Debt ETF in the second quarter valued at $52,000. PNC Financial Services Group Inc. grew its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 29.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,219 shares of the company’s stock worth $113,000 after purchasing an additional 1,177 shares during the period. CoreCap Advisors LLC grew its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 1,023.2% during the 4th quarter. CoreCap Advisors LLC now owns 7,447 shares of the company’s stock worth $161,000 after purchasing an additional 6,784 shares during the period. Kestra Private Wealth Services LLC acquired a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF during the 3rd quarter worth about $201,000. Finally, Park Avenue Securities LLC acquired a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF during the 4th quarter worth about $205,000. 69.00% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Emerging Markets Sovereign Debt ETF Price Performance

Shares of NYSEARCA PCY remained flat at $20.97 during midday trading on Friday. 182,083 shares of the stock were exchanged, compared to its average volume of 436,597. The firm has a fifty day moving average of $21.47 and a 200 day moving average of $21.51. Invesco Emerging Markets Sovereign Debt ETF has a fifty-two week low of $20.42 and a fifty-two week high of $22.18.

Invesco Emerging Markets Sovereign Debt ETF Company Profile

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.