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

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

Invesco High Yield Bond Factor ETF Price Performance

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

Invesco High Yield Bond Factor ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were paid 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.

Institutional Investors 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 raised its stake in shares of Invesco High Yield Bond Factor ETF (NASDAQ:IHYFFree Report) by 3.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 505,301 shares of the company’s stock after purchasing an additional 17,073 shares during the quarter. Invesco High Yield Bond Factor ETF accounts for 6.3% of MRA Advisory Group’s portfolio, making the stock its 3rd largest holding. MRA Advisory Group owned approximately 21.69% of Invesco High Yield Bond Factor ETF worth $11,468,000 as of its most recent SEC filing.

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.

Further Reading

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