Short Interest in Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) Decreases By 38.5%

Invesco High Yield Bond Factor ETF (NASDAQ:IHYFGet Free Report) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 23,300 shares, a drop of 38.5% from the February 28th total of 37,900 shares. Based on an average daily trading volume, of 14,700 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.0% of the shares of the company are sold short.

Invesco High Yield Bond Factor ETF Price Performance

Shares of NASDAQ:IHYF traded down $0.02 during trading on Friday, reaching $22.36. 1,432 shares of the company’s stock traded hands, compared to its average volume of 11,625. Invesco High Yield Bond Factor ETF has a 12 month low of $21.82 and a 12 month high of $22.96. The company has a 50 day moving average of $22.59 and a 200-day moving average of $22.62.

Invesco High Yield Bond Factor ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a $0.1384 dividend. The ex-dividend date was Monday, March 24th. This is an increase from Invesco High Yield Bond Factor ETF’s previous dividend of $0.14.

Institutional Trading of Invesco High Yield Bond Factor ETF

Large investors have recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new stake in Invesco High Yield Bond Factor ETF in the third quarter worth about $1,069,000. Independent Advisor Alliance acquired a new stake in shares of Invesco High Yield Bond Factor ETF during the 4th quarter valued at $1,740,000. Finally, MRA Advisory Group boosted its stake in shares of Invesco High Yield Bond Factor ETF by 5.2% during the 4th quarter. MRA Advisory Group now owns 531,435 shares of the company’s stock worth $11,963,000 after acquiring an additional 26,134 shares in the last quarter.

Invesco High Yield Bond Factor ETF Company Profile

(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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