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

Invesco High Yield Bond Factor ETF (NASDAQ:IHYFGet Free Report) saw a large drop in short interest in 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. Currently, 1.0% of the shares of the company are short sold. Based on an average trading volume of 14,700 shares, the days-to-cover ratio is currently 1.6 days.

Invesco High Yield Bond Factor ETF Trading Down 0.1 %

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

Invesco High Yield Bond Factor ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.1384 per share. This is a positive change from Invesco High Yield Bond Factor ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Investors Weigh In On Invesco High Yield Bond Factor ETF

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

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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