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

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 4,487 shares, a drop of 84.6% from the May 31st total of 29,122 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 49,793 shares, the short-interest ratio is currently 0.1 days.

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

Shares of PGHY 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 firm’s fifty day moving average is $19.81 and its two-hundred day moving average is $19.84.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Royal Fund Management LLC grew its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 193.7% during the 4th quarter. Royal Fund Management LLC now owns 264,012 shares of the company’s stock valued at $5,252,000 after acquiring an additional 174,118 shares in the last quarter. Diversify Advisory Services LLC purchased a new position in Invesco Global ex-US High Yield Corporate Bond ETF in the 4th quarter worth approximately $2,642,000. Jane Street Group LLC acquired a new position in shares of Invesco Global ex-US High Yield Corporate Bond ETF during the 2nd quarter worth approximately $2,575,000. Sound Income Strategies LLC boosted its holdings in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 14.9% during the 4th quarter. Sound Income Strategies LLC now owns 706,187 shares of the company’s stock worth $14,141,000 after purchasing an additional 91,676 shares during the last quarter. Finally, Whitcomb & Hess Inc. grew its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 12.3% in the fourth quarter. Whitcomb & Hess Inc. now owns 697,871 shares of the company’s stock valued at $13,943,000 after purchasing an additional 76,266 shares in the last quarter.

About Invesco Global ex-US High Yield Corporate Bond ETF

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.