Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Sees Significant Decrease in Short Interest

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) saw a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 22,239 shares, a decline of 91.5% from the February 26th total of 260,481 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 487,624 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 487,624 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Invesco Emerging Markets Sovereign Debt ETF Trading Down 0.4%

Shares of NYSEARCA PCY traded down $0.09 during midday trading on Tuesday, reaching $20.77. The company had a trading volume of 586,939 shares, compared to its average volume of 594,708. Invesco Emerging Markets Sovereign Debt ETF has a 1 year low of $18.71 and a 1 year high of $22.18. The business’s 50-day simple moving average is $21.62 and its 200 day simple moving average is $21.68.

Invesco Emerging Markets Sovereign Debt ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were given a dividend of $0.1043 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 6.0%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of PCY. Crabel Capital Management LLC acquired a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF during the second quarter worth about $430,000. Flow Traders U.S. LLC increased its holdings in Invesco Emerging Markets Sovereign Debt ETF by 285.7% in the 2nd quarter. Flow Traders U.S. LLC now owns 202,480 shares of the company’s stock worth $4,137,000 after buying an additional 149,982 shares during the period. Rockefeller Capital Management L.P. increased its holdings in Invesco Emerging Markets Sovereign Debt ETF by 84.9% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 37,235 shares of the company’s stock worth $761,000 after buying an additional 17,102 shares during the period. Ausdal Financial Partners Inc. raised its position in Invesco Emerging Markets Sovereign Debt ETF by 456.6% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 65,797 shares of the company’s stock worth $1,419,000 after buying an additional 53,975 shares during the last quarter. Finally, Financial & Tax Architects LLC purchased a new position in Invesco Emerging Markets Sovereign Debt ETF during the 3rd quarter worth approximately $4,950,000. 69.00% of the stock is 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.