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

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) saw a significant growth in short interest in April. As of April 15th, there was short interest totaling 7,918 shares, a growth of 127.7% from the March 31st total of 3,477 shares. Based on an average daily volume of 121,316 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. Inspire Advisors LLC boosted its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 15.4% in the third quarter. Inspire Advisors LLC now owns 248,246 shares of the company’s stock worth $4,961,000 after buying an additional 33,199 shares in the last quarter. Greenberg Financial Group purchased a new stake in Invesco Global ex-US High Yield Corporate Bond ETF in the fourth quarter worth approximately $719,000. Sound Income Strategies LLC boosted its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 14.9% in the fourth quarter. Sound Income Strategies LLC now owns 706,187 shares of the company’s stock worth $14,141,000 after buying an additional 91,676 shares in the last quarter. Sowell Financial Services LLC boosted its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 3.6% in the fourth quarter. Sowell Financial Services LLC now owns 860,104 shares of the company’s stock worth $17,112,000 after buying an additional 29,733 shares in the last quarter. Finally, Diversify Advisory Services LLC purchased a new stake in Invesco Global ex-US High Yield Corporate Bond ETF in the fourth quarter worth approximately $2,642,000.

Invesco Global ex-US High Yield Corporate Bond ETF Stock Down 0.2%

PGHY traded down $0.04 during midday trading on Friday, hitting $19.77. The stock had a trading volume of 49,410 shares, compared to its average volume of 89,223. The business has a fifty day moving average of $19.75 and a 200 day moving average of $19.87. Invesco Global ex-US High Yield Corporate Bond ETF has a 1 year low of $19.26 and a 1 year high of $20.40.

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.