Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) Short Interest Up 168.2% in December

Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 5,900 shares, an increase of 168.2% from the November 30th total of 2,200 shares. Based on an average daily volume of 7,600 shares, the days-to-cover ratio is presently 0.8 days.

Hedge Funds Weigh In On Invesco High Yield Bond Factor ETF

An institutional investor recently bought a new position in Invesco High Yield Bond Factor ETF stock. Jane Street Group LLC purchased a new position in Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 47,093 shares of the company’s stock, valued at approximately $1,069,000. Jane Street Group LLC owned 2.02% of Invesco High Yield Bond Factor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Invesco High Yield Bond Factor ETF Price Performance

Invesco High Yield Bond Factor ETF stock traded up $0.02 during trading on Thursday, hitting $22.49. The stock had a trading volume of 224 shares, compared to its average volume of 12,074. The stock’s 50 day moving average is $22.62 and its two-hundred day moving average is $22.51. Invesco High Yield Bond Factor ETF has a 1 year low of $21.82 and a 1 year high of $22.96.

Invesco High Yield Bond Factor ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, December 27th. Stockholders of record on Monday, December 23rd will be paid a dividend of $0.1299 per share. The ex-dividend date of this dividend is Monday, December 23rd.

About Invesco High Yield Bond Factor ETF

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.