Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Short Interest Update

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 8,598 shares, a growth of 132.8% from the August 15th total of 3,694 shares. Based on an average daily trading volume, of 35,863 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Focus Partners Wealth acquired a new stake in Invesco Global ex-US High Yield Corporate Bond ETF in the first quarter worth $258,000. JPMorgan Chase & Co. lifted its holdings in Invesco Global ex-US High Yield Corporate Bond ETF by 421.2% during the second quarter. JPMorgan Chase & Co. now owns 4,618 shares of the company’s stock worth $92,000 after acquiring an additional 3,732 shares in the last quarter. Jane Street Group LLC acquired a new position in Invesco Global ex-US High Yield Corporate Bond ETF in the second quarter valued at about $2,575,000. Bank of America Corp DE increased its holdings in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 5.0% in the second quarter. Bank of America Corp DE now owns 197,264 shares of the company’s stock worth $3,920,000 after acquiring an additional 9,328 shares in the last quarter. Finally, Osaic Holdings Inc. increased its holdings in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 5.2% in the second quarter. Osaic Holdings Inc. now owns 47,714 shares of the company’s stock worth $948,000 after acquiring an additional 2,360 shares in the last quarter.

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

Shares of PGHY opened at $19.53 on Monday. 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. The stock’s 50-day moving average price is $19.67 and its two-hundred day moving average price is $19.73.

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.