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

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 93,357 shares, an increase of 43.1% from the December 15th total of 65,253 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 199,156 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 199,156 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. SigFig Wealth Management LLC boosted its holdings in Invesco Emerging Markets Sovereign Debt ETF by 2.9% during the fourth quarter. SigFig Wealth Management LLC now owns 181,805 shares of the company’s stock valued at $3,956,000 after acquiring an additional 5,166 shares during the period. RiverTree Advisors LLC acquired a new position in shares of Invesco Emerging Markets Sovereign Debt ETF during the 4th quarter worth about $734,000. Net Worth Advisory Group lifted its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 5.4% during the 4th quarter. Net Worth Advisory Group now owns 29,066 shares of the company’s stock worth $630,000 after purchasing an additional 1,482 shares during the last quarter. CoreCap Advisors LLC boosted its stake in Invesco Emerging Markets Sovereign Debt ETF by 1,023.2% during the 4th quarter. CoreCap Advisors LLC now owns 7,447 shares of the company’s stock valued at $161,000 after purchasing an additional 6,784 shares during the period. Finally, Signal Advisors Wealth LLC grew its holdings in Invesco Emerging Markets Sovereign Debt ETF by 47.2% in the 4th quarter. Signal Advisors Wealth LLC now owns 32,688 shares of the company’s stock valued at $708,000 after buying an additional 10,474 shares during the last quarter. Institutional investors own 69.00% of the company’s stock.

Invesco Emerging Markets Sovereign Debt ETF Price Performance

Shares of PCY stock opened at $21.64 on Monday. The stock’s 50 day simple moving average is $21.74 and its 200 day simple moving average is $21.36. Invesco Emerging Markets Sovereign Debt ETF has a twelve month low of $18.71 and a twelve month high of $22.07.

Invesco Emerging Markets Sovereign Debt ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th will be paid a $0.1084 dividend. The ex-dividend date is Tuesday, January 20th. This is a positive change from Invesco Emerging Markets Sovereign Debt ETF’s previous monthly dividend of $0.11. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%.

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.