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

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 93,357 shares, a growth of 43.1% from the December 15th total of 65,253 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 199,156 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 199,156 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Invesco Emerging Markets Sovereign Debt ETF

A number of hedge funds and other institutional investors have recently modified their holdings of PCY. Realta Investment Advisors lifted its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 104.9% during the third quarter. Realta Investment Advisors now owns 1,164 shares of the company’s stock valued at $25,000 after buying an additional 596 shares during the period. CWM LLC raised its holdings in Invesco Emerging Markets Sovereign Debt ETF by 528.3% in the 2nd quarter. CWM LLC now owns 1,596 shares of the company’s stock valued at $33,000 after acquiring an additional 1,342 shares during the last quarter. Global Trust Asset Management LLC purchased a new position in shares of Invesco Emerging Markets Sovereign Debt ETF during the 2nd quarter worth $51,000. Qube Research & Technologies Ltd acquired a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF during the second quarter worth $52,000. Finally, Sound Income Strategies LLC grew its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 60.0% in the third quarter. Sound Income Strategies LLC now owns 6,672 shares of the company’s stock valued at $144,000 after purchasing an additional 2,501 shares during the period. 69.00% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Emerging Markets Sovereign Debt ETF Stock Down 0.2%

Shares of NYSEARCA:PCY traded down $0.04 on Friday, hitting $21.64. The company had a trading volume of 1,081,705 shares, compared to its average volume of 569,691. Invesco Emerging Markets Sovereign Debt ETF has a 52-week low of $18.71 and a 52-week high of $22.07. The business has a 50 day moving average of $21.74 and a 200 day moving average of $21.36.

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.