Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Short Interest Down 16.1% in January

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) saw a significant decrease in short interest in January. As of January 30th, there was short interest totaling 62,073 shares, a decrease of 16.1% from the January 15th total of 74,023 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 88,789 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 88,789 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.6% of the company’s shares are short sold.

Invesco Global ex-US High Yield Corporate Bond ETF Stock Up 0.1%

Invesco Global ex-US High Yield Corporate Bond ETF stock traded up $0.02 during mid-day trading on Tuesday, reaching $20.00. 42,557 shares of the company traded hands, compared to its average volume of 115,249. The firm’s 50 day moving average price is $19.96 and its 200 day moving average price is $19.97. Invesco Global ex-US High Yield Corporate Bond ETF has a 52-week low of $18.75 and a 52-week high of $20.40.

Invesco Global ex-US High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a dividend of $0.1181 per share. The ex-dividend date was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%.

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

Institutional investors have recently added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. increased its holdings in Invesco Global ex-US High Yield Corporate Bond ETF by 30.7% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 2,184 shares of the company’s stock worth $44,000 after purchasing an additional 513 shares during the period. CWM LLC increased its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 11.3% during the second quarter. CWM LLC now owns 6,166 shares of the company’s stock worth $123,000 after buying an additional 626 shares during the period. Capital Investment Advisory Services LLC raised its holdings in Invesco Global ex-US High Yield Corporate Bond ETF by 3.2% in the third quarter. Capital Investment Advisory Services LLC now owns 33,930 shares of the company’s stock valued at $678,000 after acquiring an additional 1,052 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in Invesco Global ex-US High Yield Corporate Bond ETF in the third quarter worth approximately $27,000. Finally, Endowment Wealth Management Inc. grew its holdings in Invesco Global ex-US High Yield Corporate Bond ETF by 17.5% during the 4th quarter. Endowment Wealth Management Inc. now owns 12,723 shares of the company’s stock worth $253,000 after acquiring an additional 1,898 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.