Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Short Interest Up 832.9% in August

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 174,797 shares, an increase of 832.9% from the August 15th total of 18,736 shares. Based on an average daily volume of 720,148 shares, the short-interest ratio is presently 0.2 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Trading of Invesco Emerging Markets Sovereign Debt ETF

Large investors have recently added to or reduced their stakes in the company. HighTower Advisors LLC acquired a new stake in Invesco Emerging Markets Sovereign Debt ETF during the 4th quarter valued at $895,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco Emerging Markets Sovereign Debt ETF by 3,421.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 440,755 shares of the company’s stock worth $9,547,000 after buying an additional 428,240 shares during the period. Wilian Securities LLC bought a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF during the 4th quarter worth about $677,000. Cetera Investment Advisers grew its stake in Invesco Emerging Markets Sovereign Debt ETF by 744.6% in the 1st quarter. Cetera Investment Advisers now owns 394,670 shares of the company’s stock valued at $8,249,000 after buying an additional 347,944 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in Invesco Emerging Markets Sovereign Debt ETF by 409.1% in the 1st quarter. Bank of New York Mellon Corp now owns 147,489 shares of the company’s stock valued at $3,083,000 after acquiring an additional 118,521 shares during the period. Institutional investors and hedge funds own 69.00% of the company’s stock.

Invesco Emerging Markets Sovereign Debt ETF Trading Down 0.8%

Shares of NYSEARCA PCY traded down $0.17 during trading hours on Thursday, hitting $20.76. The company had a trading volume of 403,739 shares, compared to its average volume of 429,414. Invesco Emerging Markets Sovereign Debt ETF has a 1-year low of $20.46 and a 1-year high of $22.18. The firm’s 50 day moving average is $21.15 and its 200-day moving average is $21.35.

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.