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

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 14,817 shares, a growth of 614.4% from the July 15th total of 2,074 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 47,225 shares, the short-interest ratio is currently 0.3 days.

Invesco Global ex-US High Yield Corporate Bond ETF Trading Up 0.2%

Shares of PGHY stock opened at $19.75 on Friday. Invesco Global ex-US High Yield Corporate Bond ETF has a 52-week low of $19.26 and a 52-week high of $20.40. The business’s fifty day moving average is $19.73 and its 200 day moving average is $19.78.

Institutional Trading of Invesco Global ex-US High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Hazlett Burt & Watson Inc. grew its holdings in shares of 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 purchasing an additional 513 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 421.2% in the second quarter. JPMorgan Chase & Co. now owns 4,618 shares of the company’s stock valued at $92,000 after purchasing an additional 3,732 shares in the last quarter. Wells Fargo & Company MN purchased a new stake in Invesco Global ex-US High Yield Corporate Bond ETF in the fourth quarter valued at approximately $161,000. Kestra Advisory Services LLC lifted its position in Invesco Global ex-US High Yield Corporate Bond ETF by 15.0% during the first quarter. Kestra Advisory Services LLC now owns 11,298 shares of the company’s stock valued at $219,000 after purchasing an additional 1,470 shares during the last quarter. Finally, Endowment Wealth Management Inc. lifted its position in Invesco Global ex-US High Yield Corporate Bond ETF by 17.5% during the fourth quarter. Endowment Wealth Management Inc. now owns 12,723 shares of the company’s stock valued at $253,000 after purchasing an additional 1,898 shares during the last quarter.

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.