Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Shares Shorted: Short Interest Down 55.5% in September

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 5,994 shares, a drop of 55.5% from the September 15th total of 13,464 shares. Based on an average daily trading volume, of 71,205 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

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

Several hedge funds and other institutional investors have recently modified their holdings of PGHY. Envestnet Asset Management Inc. boosted its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 5.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,439 shares of the company’s stock worth $403,000 after purchasing an additional 976 shares in the last quarter. Kestra Advisory Services LLC increased its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 15.0% during the 1st 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 in the last quarter. Cetera Investment Advisers increased its stake in 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 valued at $1,025,000 after purchasing an additional 2,723 shares in the last quarter. Bank of America Corp DE increased its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 4.1% during the 1st quarter. Bank of America Corp DE now owns 256,140 shares of the company’s stock valued at $4,972,000 after purchasing an additional 10,155 shares in the last quarter. Finally, Whitcomb & Hess Inc. raised its holdings in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 2.8% in the third quarter. Whitcomb & Hess Inc. now owns 758,374 shares of the company’s stock worth $14,477,000 after buying an additional 20,713 shares during the last quarter.

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

NYSEARCA PGHY traded up $0.04 during trading on Tuesday, hitting $19.08. The company’s stock had a trading volume of 138,736 shares, compared to its average volume of 64,814. The business’s 50 day simple moving average is $19.48 and its 200-day simple moving average is $19.65. Invesco Global ex-US High Yield Corporate Bond ETF has a fifty-two week low of $18.95 and a fifty-two week high of $20.19.

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.