Short Interest in Invesco Fundamental Investment Grade Corporate Bond ETF (NYSEARCA:PFIG) Decreases By 90.4%

Invesco Fundamental Investment Grade Corporate Bond ETF (NYSEARCA:PFIG) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 945 shares, a decrease of 90.4% from the May 14th total of 9,793 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 29,323 shares, the short-interest ratio is currently 0.0 days.

Invesco Fundamental Investment Grade Corporate Bond ETF Stock Down 0.0%

Invesco Fundamental Investment Grade Corporate Bond ETF stock traded down $0.01 during mid-day trading on Wednesday, reaching $23.87. 8,559 shares of the company were exchanged, compared to its average volume of 27,232. The business has a fifty day moving average of $24.00 and a 200 day moving average of $24.17. Invesco Fundamental Investment Grade Corporate Bond ETF has a 12-month low of $23.69 and a 12-month high of $26.96.

Institutional Trading of Invesco Fundamental Investment Grade Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of the stock. Truist Financial Corp lifted its holdings in shares of Invesco Fundamental Investment Grade Corporate Bond ETF by 27.0% during the 4th quarter. Truist Financial Corp now owns 209,109 shares of the company’s stock valued at $5,079,000 after purchasing an additional 44,395 shares during the last quarter. Eclectic Associates Inc. ADV purchased a new stake in shares of Invesco Fundamental Investment Grade Corporate Bond ETF during the 4th quarter valued at $693,000. Nikulski Financial Inc. lifted its holdings in shares of Invesco Fundamental Investment Grade Corporate Bond ETF by 162.7% during the 4th quarter. Nikulski Financial Inc. now owns 71,805 shares of the company’s stock valued at $1,744,000 after purchasing an additional 44,475 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Invesco Fundamental Investment Grade Corporate Bond ETF by 7.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 55,691 shares of the company’s stock valued at $1,346,000 after purchasing an additional 4,073 shares during the last quarter. Finally, Breakwater Capital Group lifted its holdings in shares of Invesco Fundamental Investment Grade Corporate Bond ETF by 14.7% during the 3rd quarter. Breakwater Capital Group now owns 44,215 shares of the company’s stock valued at $1,072,000 after purchasing an additional 5,660 shares during the last quarter.

About Invesco Fundamental Investment Grade Corporate Bond ETF

The Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) is an exchange-traded fund that is based on the RAFI Bonds US Investment Grade 1-10 index. The fund tracks a fundamental-weighted index of investment-grade corporate bonds available in US markets. Issues are selected and weighted using RAFI scores based on financial statement metrics. PFIG was launched on Sep 15, 2011 and is managed by Invesco.