Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Stock Short Interest Climbs 139.8%

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 233,234 shares, an increase of 139.8% from the September 15th total of 97,272 shares. Based on an average daily trading volume, of 499,540 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.4% of the company’s stock are sold short.

Invesco Emerging Markets Sovereign Debt ETF Stock Up 0.0%

Shares of PCY stock traded up $0.01 during trading hours on Wednesday, reaching $20.13. 194,540 shares of the stock were exchanged, compared to its average volume of 424,964. The business’s fifty day moving average is $20.69 and its two-hundred day moving average is $21.16. Invesco Emerging Markets Sovereign Debt ETF has a 12-month low of $19.68 and a 12-month high of $22.18.

Institutional Trading of Invesco Emerging Markets Sovereign Debt ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE boosted its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 4.5% during the 1st quarter. Bank of America Corp DE now owns 23,615,035 shares of the company’s stock worth $493,554,000 after acquiring an additional 1,019,832 shares in the last quarter. Annex Advisory Services LLC increased its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 5.3% in the 2nd quarter. Annex Advisory Services LLC now owns 4,214,276 shares of the company’s stock valued at $91,239,000 after acquiring an additional 211,608 shares during the last quarter. Advisors Preferred LLC increased its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 314.5% in the 1st quarter. Advisors Preferred LLC now owns 511,065 shares of the company’s stock valued at $10,681,000 after acquiring an additional 387,756 shares during the last quarter. Cetera Investment Advisers raised its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 744.6% during the 1st quarter. Cetera Investment Advisers now owns 394,670 shares of the company’s stock worth $8,249,000 after acquiring an additional 347,944 shares in the last quarter. Finally, Waverly Advisors LLC raised its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 0.8% during the 2nd quarter. Waverly Advisors LLC now owns 338,938 shares of the company’s stock worth $7,338,000 after acquiring an additional 2,562 shares in the last quarter. 69.00% of the stock is currently owned by institutional investors and hedge funds.

Invesco Emerging Markets Sovereign Debt ETF Company Profile

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.