Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Sees Large Growth in Short Interest

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 14,817 shares, a growth of 614.4% from the July 15th total of 2,074 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 47,225 shares, the short-interest ratio is presently 0.3 days.

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

Institutional investors have recently modified their holdings of the stock. Sound Income Strategies LLC increased its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 4.6% in the first quarter. Sound Income Strategies LLC now owns 738,623 shares of the company’s stock worth $14,440,000 after purchasing an additional 32,436 shares during the period. Whitcomb & Hess Inc. grew its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 3.0% during the second quarter. Whitcomb & Hess Inc. now owns 737,661 shares of the company’s stock worth $14,532,000 after buying an additional 21,797 shares in the last quarter. Baker Avenue Asset Management LP grew its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 8.4% during the fourth quarter. Baker Avenue Asset Management LP now owns 345,008 shares of the company’s stock worth $6,864,000 after buying an additional 26,799 shares in the last quarter. Inspire Advisors LLC increased its holdings in Invesco Global ex-US High Yield Corporate Bond ETF by 4.5% in the 4th quarter. Inspire Advisors LLC now owns 259,407 shares of the company’s stock valued at $5,161,000 after buying an additional 11,161 shares during the period. Finally, Bank of America Corp DE increased its holdings in 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 buying an additional 10,155 shares during the period.

Invesco Global ex-US High Yield Corporate Bond ETF Stock Performance

Shares of PGHY stock remained flat at $19.71 during trading on Wednesday. The company had a trading volume of 11,958 shares, compared to its average volume of 68,370. Invesco Global ex-US High Yield Corporate Bond ETF has a fifty-two week low of $19.26 and a fifty-two week high of $20.40. The stock’s 50 day simple moving average is $19.74 and its 200-day simple moving average is $19.78.

Invesco Global ex-US High Yield Corporate Bond ETF Company Profile

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.