Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Short Interest Up 832.9% in August

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 174,797 shares, an increase of 832.9% from the August 15th total of 18,736 shares. Based on an average trading volume of 720,148 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the shares of the stock are short sold.

Hedge Funds Weigh In On Invesco Emerging Markets Sovereign Debt ETF

Institutional investors have recently modified their holdings of the business. Sequent Planning LLC grew its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 4.6% during the 1st quarter. Sequent Planning LLC now owns 10,474 shares of the company’s stock valued at $219,000 after purchasing an additional 465 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in Invesco Emerging Markets Sovereign Debt ETF by 5.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 10,852 shares of the company’s stock valued at $235,000 after purchasing an additional 570 shares during the last quarter. IHT Wealth Management LLC boosted its position in Invesco Emerging Markets Sovereign Debt ETF by 5.4% in the fourth quarter. IHT Wealth Management LLC now owns 11,334 shares of the company’s stock valued at $245,000 after buying an additional 581 shares in the last quarter. Fifth Third Bancorp boosted its position in Invesco Emerging Markets Sovereign Debt ETF by 0.9% in the first quarter. Fifth Third Bancorp now owns 71,621 shares of the company’s stock valued at $1,497,000 after buying an additional 606 shares in the last quarter. Finally, Arete Wealth Advisors LLC grew its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 7.5% during the fourth quarter. Arete Wealth Advisors LLC now owns 11,096 shares of the company’s stock worth $240,000 after buying an additional 771 shares during the last quarter. Institutional investors and hedge funds own 69.00% of the company’s stock.

Invesco Emerging Markets Sovereign Debt ETF Stock Performance

NYSEARCA:PCY traded down $0.17 during mid-day trading on Thursday, reaching $20.76. The stock had a trading volume of 403,739 shares, compared to its average volume of 429,414. Invesco Emerging Markets Sovereign Debt ETF has a 12 month low of $20.46 and a 12 month high of $22.18. The stock has a 50-day simple moving average of $21.15 and a two-hundred day simple moving average of $21.35.

About Invesco Emerging Markets Sovereign Debt ETF

The Invesco Emerging Markets Sovereign Debt ETF (PCY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a tier-weighted index of US-dollar-denominated sovereign debt in emerging markets with at least 3 years to maturity. PCY was launched on Oct 11, 2007 and is managed by Invesco.