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

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 25,292 shares, a decline of 92.3% from the July 15th total of 328,205 shares. Based on an average daily volume of 194,148 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Invesco Emerging Markets Sovereign Debt ETF Trading Down 0.0%

NYSEARCA:PCY traded down $0.01 on Tuesday, hitting $21.11. The stock had a trading volume of 241,811 shares, compared to its average volume of 421,422. 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 fifty day simple moving average is $21.43 and its two-hundred day simple moving average is $21.46.

Institutional Trading of Invesco Emerging Markets Sovereign Debt ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Qube Research & Technologies Ltd bought a new stake in Invesco Emerging Markets Sovereign Debt ETF during the second quarter worth $52,000. PNC Financial Services Group Inc. increased its position in shares of Invesco Emerging Markets Sovereign Debt ETF by 29.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,219 shares of the company’s stock valued at $113,000 after purchasing an additional 1,177 shares during the last quarter. Kestra Private Wealth Services LLC purchased a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF during the 3rd quarter valued at $201,000. Sapient Capital LLC bought a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF during the 2nd quarter worth $207,000. Finally, Community Bank & Trust Waco Texas bought a new stake in shares of Invesco Emerging Markets Sovereign Debt ETF during the 1st quarter worth $212,000. 69.00% of the stock is owned by hedge funds and other institutional investors.

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.