Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) Shares Shorted: Short Interest Up 139.8% in September

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 233,234 shares, an increase of 139.8% from the September 15th total of 97,272 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 499,540 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On Invesco Emerging Markets Sovereign Debt ETF

A number of hedge funds have recently made changes to their positions in PCY. Robinswood Financial LLC acquired a new stake in Invesco Emerging Markets Sovereign Debt ETF in the 1st quarter valued at $877,000. Cetera Investment Advisers raised its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 744.6% during the 1st quarter. Cetera Investment Advisers now owns 394,670 shares of the company’s stock valued at $8,249,000 after acquiring an additional 347,944 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Invesco Emerging Markets Sovereign Debt ETF by 409.1% in the first quarter. Bank of New York Mellon Corp now owns 147,489 shares of the company’s stock worth $3,083,000 after acquiring an additional 118,521 shares during the last quarter. Annex Advisory Services LLC lifted its stake in Invesco Emerging Markets Sovereign Debt ETF by 5.3% in the second quarter. Annex Advisory Services LLC now owns 4,214,276 shares of the company’s stock valued at $91,239,000 after buying an additional 211,608 shares during the last quarter. Finally, Advisors Preferred LLC grew its position in Invesco Emerging Markets Sovereign Debt ETF by 314.5% in the 1st quarter. Advisors Preferred LLC now owns 511,065 shares of the company’s stock worth $10,681,000 after purchasing an additional 387,756 shares during the last quarter. Institutional investors and hedge funds own 69.00% of the company’s stock.

Invesco Emerging Markets Sovereign Debt ETF Stock Up 0.0%

NYSEARCA:PCY opened at $20.13 on Thursday. Invesco Emerging Markets Sovereign Debt ETF has a fifty-two week low of $19.68 and a fifty-two week high of $22.18. The firm’s fifty day simple moving average is $20.69 and its 200-day simple moving average is $21.16.

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.