Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Shares Shorted: Short Interest Up 56.6% in September

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 13,464 shares, a growth of 56.6% from the August 31st total of 8,598 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 41,583 shares, the short-interest ratio is currently 0.3 days.

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

Shares of PGHY traded down $0.01 during mid-day trading on Wednesday, reaching $19.09. The company had a trading volume of 17,465 shares, compared to its average volume of 64,798. Invesco Global ex-US High Yield Corporate Bond ETF has a 52-week low of $18.99 and a 52-week high of $20.22. The stock has a 50 day moving average of $19.58 and a two-hundred day moving average of $19.69.

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

Institutional investors have recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 5.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,439 shares of the company’s stock valued at $403,000 after purchasing an additional 976 shares during the period. Whitcomb & Hess Inc. increased its holdings in Invesco Global ex-US High Yield Corporate Bond ETF by 3.0% in the second quarter. Whitcomb & Hess Inc. now owns 737,661 shares of the company’s stock valued at $14,532,000 after buying an additional 21,797 shares in the last quarter. Bank of America Corp DE increased its holdings in 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 buying an additional 10,155 shares in the last quarter. Cetera Investment Advisers raised its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 5.4% in the first quarter. Cetera Investment Advisers now owns 52,799 shares of the company’s stock worth $1,025,000 after acquiring an additional 2,723 shares during the period. Finally, Kestra Advisory Services LLC raised its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 15.0% in the first quarter. Kestra Advisory Services LLC now owns 11,298 shares of the company’s stock worth $219,000 after acquiring an additional 1,470 shares during the period.

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.