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) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 96,400 shares, a growth of 136.9% from the August 31st total of 40,700 shares. Based on an average trading volume of 44,400 shares, the days-to-cover ratio is currently 2.2 days. Based on an average trading volume of 44,400 shares, the days-to-cover ratio is currently 2.2 days.

Hedge Funds Weigh In On Invesco Global ex-US High Yield Corporate Bond ETF

A number of institutional investors have recently bought and sold shares of the stock. Hazlett Burt & Watson Inc. lifted its holdings in Invesco Global ex-US High Yield Corporate Bond ETF by 312.7% in the first quarter. Hazlett Burt & Watson Inc. now owns 1,296 shares of the company’s stock worth $25,000 after buying an additional 982 shares during the period. Runnymede Capital Advisors Inc. bought a new position in shares of Invesco Global ex-US High Yield Corporate Bond ETF in the 1st quarter worth approximately $26,000. JPMorgan Chase & Co. lifted its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 421.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,618 shares of the company’s stock valued at $92,000 after purchasing an additional 3,732 shares during the period. CWM LLC lifted its stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 11.3% in the 2nd quarter. CWM LLC now owns 6,166 shares of the company’s stock valued at $123,000 after purchasing an additional 626 shares during the period. Finally, Assetmark Inc. boosted its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 89.7% during the first quarter. Assetmark Inc. now owns 6,972 shares of the company’s stock valued at $138,000 after purchasing an additional 3,296 shares in the last quarter.

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

Shares of Invesco Global ex-US High Yield Corporate Bond ETF stock opened at $19.93 on Monday. Invesco Global ex-US High Yield Corporate Bond ETF has a 12-month low of $18.75 and a 12-month high of $20.40. The company’s fifty day simple moving average is $20.04 and its two-hundred day simple moving average is $19.79.

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.