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

Posted by Teresa Graham on Oct 31st, 2024

Invesco High Yield Bond Factor ETF (NASDAQ:IHYF – Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 3,200 shares, an increase of 10.3% from the September 30th total of 2,900 shares. Based on an average daily volume of 5,900 shares, the short-interest ratio is currently 0.5 days.

Invesco High Yield Bond Factor ETF Price Performance

IHYF stock traded down $0.04 during trading on Thursday, hitting $22.51. The company had a trading volume of 716 shares, compared to its average volume of 12,381. The company has a fifty day moving average price of $22.62 and a two-hundred day moving average price of $22.36. Invesco High Yield Bond Factor ETF has a fifty-two week low of $20.84 and a fifty-two week high of $22.96.

Invesco High Yield Bond Factor ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were paid a $0.136 dividend. This represents a $1.63 dividend on an annualized basis and a yield of 7.25%. The ex-dividend date of this dividend was Monday, October 21st.

Hedge Funds Weigh In On Invesco High Yield Bond Factor ETF

A hedge fund recently raised its stake in Invesco High Yield Bond Factor ETF stock. MRA Advisory Group increased its position in shares of Invesco High Yield Bond Factor ETF (NASDAQ:IHYF – Free Report) by 3.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 505,301 shares of the company’s stock after acquiring an additional 17,073 shares during the quarter. Invesco High Yield Bond Factor ETF comprises about 6.3% of MRA Advisory Group’s investment portfolio, making the stock its 3rd largest position. MRA Advisory Group owned approximately 21.69% of Invesco High Yield Bond Factor ETF worth $11,468,000 at the end of the most recent reporting period.

About Invesco High Yield Bond Factor ETF

(Get Free Report)

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.