Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) Short Interest Update

Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 37,900 shares, a growth of 12,533.3% from the February 13th total of 300 shares. Based on an average trading volume of 12,500 shares, the short-interest ratio is presently 3.0 days. Approximately 1.6% of the company’s stock are short sold.

Invesco High Yield Bond Factor ETF Stock Down 0.5 %

Shares of Invesco High Yield Bond Factor ETF stock traded down $0.12 during midday trading on Wednesday, reaching $22.53. 32,835 shares of the company’s stock traded hands, compared to its average volume of 16,483. Invesco High Yield Bond Factor ETF has a 52 week low of $21.82 and a 52 week high of $22.96. The company’s 50 day simple moving average is $22.60 and its 200 day simple moving average is $22.62.

Invesco High Yield Bond Factor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were issued a dividend of $0.1361 per share. The ex-dividend date of this dividend was Monday, February 24th.

Institutional Trading of Invesco High Yield Bond Factor ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IHYF. Independent Advisor Alliance bought a new position in shares of Invesco High Yield Bond Factor ETF in the 4th quarter valued at approximately $1,740,000. Jane Street Group LLC bought a new position in shares of Invesco High Yield Bond Factor ETF in the third quarter valued at approximately $1,069,000. Finally, MRA Advisory Group lifted its stake in shares of Invesco High Yield Bond Factor ETF by 5.2% in the fourth quarter. MRA Advisory Group now owns 531,435 shares of the company’s stock worth $11,963,000 after buying an additional 26,134 shares during the last quarter.

Invesco High Yield Bond Factor ETF Company Profile

The Invesco High Yield Bond Factor ETF (IHYF) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively-managed fund designed to provide exposure to a broad selection of high yield, fixed income securities. IHYF was launched on Dec 2, 2020 and is managed by Invesco.