Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Shares Shorted: Short Interest Down 55.5% in September

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 5,994 shares, a decrease of 55.5% from the September 15th total of 13,464 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 71,205 shares, the days-to-cover ratio is currently 0.1 days.

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

Hedge funds have recently modified their holdings of the company. Sound Income Strategies LLC lifted its position in Invesco Global ex-US High Yield Corporate Bond ETF by 36.8% during the third quarter. Sound Income Strategies LLC now owns 1,039,260 shares of the company’s stock valued at $19,715,000 after acquiring an additional 279,677 shares during the last quarter. Stenger Family Office LLC boosted its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 23.0% in the fourth quarter. Stenger Family Office LLC now owns 174,827 shares of the company’s stock valued at $3,185,000 after acquiring an additional 32,634 shares in the last quarter. Whitcomb & Hess Inc. grew 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 worth $14,532,000 after purchasing an additional 21,797 shares during the last quarter. Bank of America Corp DE grew 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 worth $4,972,000 after purchasing an additional 10,155 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in 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 purchasing an additional 2,723 shares during the last quarter.

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

PGHY stock traded up $0.04 during trading on Tuesday, reaching $19.08. 138,736 shares of the company traded hands, compared to its average volume of 64,814. The business has a 50 day simple moving average of $19.48 and a 200 day simple moving average of $19.65. Invesco Global ex-US High Yield Corporate Bond ETF has a 12 month low of $18.95 and a 12 month high of $20.19.

About Invesco Global ex-US High Yield Corporate Bond ETF

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.