Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Short Interest Update
by Danessa Lincoln · The Markets DailyInvesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY – Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 8,598 shares, an increase of 132.8% from the August 15th total of 3,694 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 35,863 shares, the short-interest ratio is presently 0.2 days.
Invesco Global ex-US High Yield Corporate Bond ETF Stock Performance
Shares of PGHY stock opened at $19.51 on Wednesday. The stock’s 50-day moving average price is $19.66 and its 200 day moving average price is $19.72. 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.
Institutional Investors Weigh In On Invesco Global ex-US High Yield Corporate Bond ETF
Large investors have recently modified their holdings of the stock. Sound Income Strategies LLC grew its position in Invesco Global ex-US High Yield Corporate Bond ETF by 4.6% in the 1st quarter. Sound Income Strategies LLC now owns 738,623 shares of the company’s stock valued at $14,440,000 after buying an additional 32,436 shares during the last quarter. Whitcomb & Hess Inc. lifted its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 3.0% in the 2nd quarter. Whitcomb & Hess Inc. now owns 737,661 shares of the company’s stock worth $14,532,000 after acquiring an additional 21,797 shares during the period. Baker Avenue Asset Management LP lifted its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 8.4% in the 4th quarter. Baker Avenue Asset Management LP now owns 345,008 shares of the company’s stock worth $6,864,000 after acquiring an additional 26,799 shares during the period. Bank of America Corp DE boosted its holdings in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 4.1% in the first quarter. Bank of America Corp DE now owns 256,140 shares of the company’s stock valued at $4,972,000 after acquiring an additional 10,155 shares in the last quarter. Finally, Advisory Alpha LLC boosted its holdings in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 3.0% in the fourth quarter. Advisory Alpha LLC now owns 218,622 shares of the company’s stock valued at $4,350,000 after acquiring an additional 6,401 shares in 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.
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