Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Short Interest Up 152.0% in August

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) saw a large growth in short interest during the month of August. As of August 15th, there was short interest totaling 517,100 shares, agrowthof152.0% from the July 31st total of 205,200 shares. Based on an average daily volume of 234,500 shares, the short-interest ratio is currently 2.2 days. Based on an average daily volume of 234,500 shares, the short-interest ratio is currently 2.2 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Comerica Bank lifted its stake in shares of Invesco Emerging Markets Sovereign Debt ETF by 10.4% in the 4th quarter. Comerica Bank now owns 10,202 shares of the company’s stock worth $202,000 after acquiring an additional 963 shares during the period. Jane Street Group LLC raised its position in Invesco Emerging Markets Sovereign Debt ETF by 272.4% during the fourth quarter. Jane Street Group LLC now owns 105,122 shares of the company’s stock worth $2,084,000 after acquiring an additional 76,896 shares during the last quarter. Tidal Investments LLC raised its position in Invesco Emerging Markets Sovereign Debt ETF by 2.3% during the fourth quarter. Tidal Investments LLC now owns 42,164 shares of the company’s stock worth $836,000 after acquiring an additional 946 shares during the last quarter. First Heartland Consultants Inc. raised its position in Invesco Emerging Markets Sovereign Debt ETF by 5.9% during the fourth quarter. First Heartland Consultants Inc. now owns 17,425 shares of the company’s stock worth $345,000 after acquiring an additional 970 shares during the last quarter. Finally, Fourth Dimension Wealth LLC acquired a new position in Invesco Emerging Markets Sovereign Debt ETF during the fourth quarter worth about $32,000. 69.00% of the stock is owned by hedge funds and other institutional investors.

Invesco Emerging Markets Sovereign Debt ETF Price Performance

Shares of Invesco Emerging Markets Sovereign Debt ETF stock opened at $21.27 on Friday. Invesco Emerging Markets Sovereign Debt ETF has a 1 year low of $18.71 and a 1 year high of $21.69. The company’s fifty day moving average is $20.65 and its two-hundred day moving average is $20.19.

About Invesco Emerging Markets Sovereign Debt ETF

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.