Short Interest in Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) Drops By 81.4%

Invesco High Yield Bond Factor ETF (NASDAQ:IHYFGet Free Report) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 1,100 shares, a drop of 81.4% from the December 31st total of 5,900 shares. Based on an average daily volume of 7,600 shares, the short-interest ratio is presently 0.1 days.

Invesco High Yield Bond Factor ETF Trading Down 0.1 %

Shares of NASDAQ:IHYF traded down $0.02 during trading on Wednesday, hitting $22.67. 952 shares of the company’s stock traded hands, compared to its average volume of 5,386. The company has a 50-day moving average price of $22.63 and a 200-day moving average price of $22.57. Invesco High Yield Bond Factor ETF has a 52 week low of $21.82 and a 52 week high of $22.96.

Invesco High Yield Bond Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were issued a $0.1375 dividend. The ex-dividend date was Tuesday, January 21st. This is a boost from Invesco High Yield Bond Factor ETF’s previous dividend of $0.13.

Hedge Funds Weigh In On Invesco High Yield Bond Factor ETF

An institutional investor recently raised its position in Invesco High Yield Bond Factor ETF stock. MRA Advisory Group lifted its holdings in Invesco High Yield Bond Factor ETF (NASDAQ:IHYFFree Report) by 5.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 531,435 shares of the company’s stock after purchasing an additional 26,134 shares during the quarter. Invesco High Yield Bond Factor ETF accounts for approximately 6.3% of MRA Advisory Group’s investment portfolio, making the stock its 2nd biggest holding. MRA Advisory Group owned 22.14% of Invesco High Yield Bond Factor ETF worth $11,963,000 at the end of the most recent quarter.

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.

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