Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) Short Interest Up 325.0% in April

Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 1,700 shares, an increase of 325.0% from the March 31st total of 400 shares. Based on an average daily volume of 24,600 shares, the short-interest ratio is currently 0.1 days.

Invesco High Yield Bond Factor ETF Price Performance

IHYF stock traded up $0.06 during trading hours on Friday, reaching $21.95. 2,397 shares of the stock were exchanged, compared to its average volume of 21,593. The firm’s 50-day moving average is $22.13 and its 200-day moving average is $21.93. Invesco High Yield Bond Factor ETF has a 12 month low of $20.78 and a 12 month high of $22.42.

Invesco High Yield Bond Factor ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 26th. Shareholders of record on Tuesday, April 23rd were issued a dividend of $0.1409 per share. This represents a $1.69 dividend on an annualized basis and a yield of 7.71%. The ex-dividend date of this dividend was Monday, April 22nd.

Hedge Funds Weigh In On Invesco High Yield Bond Factor ETF

Large investors have recently added to or reduced their stakes in the company. Hobart Private Capital LLC acquired a new position in shares of Invesco High Yield Bond Factor ETF during the 4th quarter worth about $260,000. Security Financial Services INC. acquired a new position in shares of Invesco High Yield Bond Factor ETF during the 3rd quarter worth about $710,000. PAX Financial Group LLC acquired a new position in shares of Invesco High Yield Bond Factor ETF during the 3rd quarter worth about $299,000. Commonwealth Equity Services LLC acquired a new position in shares of Invesco High Yield Bond Factor ETF during the 3rd quarter worth about $421,000. Finally, Simplicity Wealth LLC acquired a new position in shares of Invesco High Yield Bond Factor ETF during the 3rd quarter worth about $285,000.

Invesco High Yield Bond Factor ETF Company Profile

The Invesco High Yield Bond Factor ETF (IHYF) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively-managed fund designed to provide exposure to a broad selection of high yield, fixed income securities. IHYF was launched on Dec 2, 2020 and is managed by Invesco.