Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) Sees Significant Increase in Short Interest

Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 8,400 shares, an increase of 223.1% from the January 15th total of 2,600 shares. Based on an average daily trading volume, of 11,600 shares, the short-interest ratio is currently 0.7 days.

Institutional Trading of Invesco High Yield Bond Factor ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IHYF. Jane Street Group LLC bought a new stake in Invesco High Yield Bond Factor ETF in the 3rd quarter worth about $1,069,000. Independent Advisor Alliance bought a new stake in Invesco High Yield Bond Factor ETF in the 4th quarter worth approximately $1,740,000. Finally, 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 worth $11,963,000 after acquiring an additional 26,134 shares during the last quarter.

Invesco High Yield Bond Factor ETF Stock Down 0.0 %

Shares of IHYF stock traded down $0.01 during trading on Wednesday, hitting $22.51. The company had a trading volume of 4,386 shares, compared to its average volume of 13,017. The stock’s 50-day moving average is $22.61 and its two-hundred day moving average is $22.58. 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 disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were paid a dividend of $0.1375 per share. The ex-dividend date was Tuesday, January 21st. This is a positive change from Invesco High Yield Bond Factor ETF’s previous dividend of $0.13.

Invesco High Yield Bond Factor ETF Company Profile

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.