Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Shares Shorted: Short Interest Down 81.4% in October

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) was the recipient of a significant drop in short interest in October. As of October 30th, there was short interest totaling 1,362 shares, a drop of 81.4% from the October 15th total of 7,336 shares. Based on an average daily trading volume, of 36,374 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Invesco Global ex-US High Yield Corporate Bond ETF Trading Down 0.4%

Shares of NYSEARCA PGHY traded down $0.07 during mid-day trading on Thursday, hitting $18.94. 29,455 shares of the stock traded hands, compared to its average volume of 62,075. Invesco Global ex-US High Yield Corporate Bond ETF has a twelve month low of $18.75 and a twelve month high of $20.19. The firm has a 50 day simple moving average of $19.13 and a two-hundred day simple moving average of $19.61.

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

A number of institutional investors and hedge funds have recently bought and sold shares of PGHY. Sound Income Strategies LLC increased its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 36.8% in the third quarter. Sound Income Strategies LLC now owns 1,039,260 shares of the company’s stock valued at $19,715,000 after buying an additional 279,677 shares during the period. Sowell Financial Services LLC bought a new position in Invesco Global ex-US High Yield Corporate Bond ETF during the 3rd quarter worth approximately $17,175,000. Whitcomb & Hess Inc. lifted its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 2.8% in the 3rd quarter. Whitcomb & Hess Inc. now owns 758,374 shares of the company’s stock worth $14,477,000 after purchasing an additional 20,713 shares during the period. Royal Fund Management LLC boosted its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 3.6% in the 3rd quarter. Royal Fund Management LLC now owns 282,469 shares of the company’s stock valued at $5,392,000 after purchasing an additional 9,854 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 4.1% in the 1st quarter. Bank of America Corp DE now owns 256,140 shares of the company’s stock valued at $4,972,000 after purchasing an additional 10,155 shares during the last quarter.

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.