Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) was the recipient of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 272,787 shares, a decline of 65.9% from the February 15th total of 800,692 shares. Based on an average daily volume of 229,844 shares, the short-interest ratio is currently 1.2 days.

Institutional investors have recently made changes to their positions in the company. Moller Financial Services boosted its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 0.4% in the fourth quarter. Moller Financial Services now owns 182,584 shares of the company’s stock valued at $3,308,000 after acquiring an additional 737 shares during the period. MRA Associates USA LLC bought a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF in the fourth quarter valued at about $165,000. Lido Advisors LLC boosted its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 6.7% in the third quarter. Lido Advisors LLC now owns 54,661 shares of the company’s stock valued at $1,012,000 after acquiring an additional 3,450 shares during the period. Cardan Capital Partners LLC boosted its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 1.9% in the fourth quarter. Cardan Capital Partners LLC now owns 673,390 shares of the company’s stock valued at $11,899,000 after acquiring an additional 12,498 shares during the period. Finally, Blackhawk Capital Partners LLC. boosted its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 10.5% in the third quarter. Blackhawk Capital Partners LLC. now owns 116,779 shares of the company’s stock valued at $2,164,000 after acquiring an additional 11,123 shares during the period.

NYSEARCA:PHB opened at $18.58 on Wednesday. Invesco Fundamental High Yield Corporate Bond ETF has a one year low of $17.45 and a one year high of $18.76.

The firm also recently announced a monthly dividend, which will be paid on Friday, March 29th. Stockholders of record on Tuesday, March 19th will be given a $0.0651 dividend. This represents a $0.78 dividend on an annualized basis and a dividend yield of 4.21%. The ex-dividend date is Monday, March 18th. This is a boost from Invesco Fundamental High Yield Corporate Bond ETF’s previous monthly dividend of $0.06.

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