Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Short Interest Up 282.9% in May

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 29,122 shares, an increase of 282.9% from the May 14th total of 7,605 shares. Based on an average daily trading volume, of 53,387 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the company’s shares are sold short.

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

A number of institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE raised its stake 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 buying an additional 10,155 shares in the last quarter. Cetera Investment Advisers raised its stake 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 buying an additional 2,723 shares in the last quarter. Kestra Advisory Services LLC increased its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 15.0% during the first quarter. Kestra Advisory Services LLC now owns 11,298 shares of the company’s stock valued at $219,000 after purchasing an additional 1,470 shares in the last quarter. Sound Income Strategies LLC increased its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 4.6% during the first quarter. Sound Income Strategies LLC now owns 738,623 shares of the company’s stock valued at $14,440,000 after purchasing an additional 32,436 shares in the last quarter. Finally, Stenger Family Office LLC increased its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 23.0% during the fourth quarter. Stenger Family Office LLC now owns 174,827 shares of the company’s stock valued at $3,185,000 after purchasing an additional 32,634 shares in the last quarter.

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

PGHY stock traded down $0.03 during trading on Friday, reaching $19.81. The company had a trading volume of 46,120 shares, compared to its average volume of 77,514. Invesco Global ex-US High Yield Corporate Bond ETF has a 52 week low of $19.26 and a 52 week high of $20.40. The business has a 50 day moving average of $19.79 and a 200 day moving average of $19.84.

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.