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

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 59,163 shares, a decline of 55.4% from the November 30th total of 132,602 shares. Based on an average trading volume of 49,954 shares, the short-interest ratio is presently 1.2 days. Currently, 0.6% of the company’s shares are short sold. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 49,954 shares, the short-interest ratio is presently 1.2 days.

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

Shares of Invesco Global ex-US High Yield Corporate Bond ETF stock traded down $0.02 during trading on Friday, hitting $19.93. The stock had a trading volume of 21,307 shares, compared to its average volume of 51,565. Invesco Global ex-US High Yield Corporate Bond ETF has a 12 month low of $18.75 and a 12 month high of $20.40. The firm’s fifty day simple moving average is $19.92 and its 200-day simple moving average is $19.94.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Investors of record on Monday, November 24th were issued a dividend of $0.1217 per share. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date was Monday, November 24th. This is an increase from Invesco Global ex-US High Yield Corporate Bond ETF’s previous monthly dividend of $0.12.

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

A number of large investors have recently made changes to their positions in PGHY. Farther Finance Advisors LLC bought a new position in shares of Invesco Global ex-US High Yield Corporate Bond ETF in the third quarter worth about $27,000. JPMorgan Chase & Co. grew its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 421.2% in the 2nd 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. CWM LLC increased its position 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 acquiring an additional 626 shares during the period. Endowment Wealth Management Inc. bought a new stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF during the second quarter valued at approximately $214,000. Finally, Focus Partners Wealth bought a new stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF during the first quarter valued at approximately $258,000.

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.