Short Interest in Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) Drops By 96.4%

Invesco High Yield Bond Factor ETF (NASDAQ:IHYFGet Free Report) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 300 shares, a drop of 96.4% from the January 31st total of 8,400 shares. Based on an average trading volume of 10,700 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. MRA Advisory Group grew its position in Invesco High Yield Bond Factor ETF by 5.2% during the fourth quarter. MRA Advisory Group now owns 531,435 shares of the company’s stock valued at $11,963,000 after acquiring an additional 26,134 shares during the period. Independent Advisor Alliance purchased a new stake in shares of Invesco High Yield Bond Factor ETF during the 4th quarter worth about $1,740,000. Finally, Jane Street Group LLC purchased a new stake in shares of Invesco High Yield Bond Factor ETF during the 3rd quarter worth about $1,069,000.

Invesco High Yield Bond Factor ETF Stock Performance

Invesco High Yield Bond Factor ETF stock opened at $22.61 on Friday. Invesco High Yield Bond Factor ETF has a 1 year low of $21.82 and a 1 year high of $22.96. The firm has a 50 day moving average price of $22.58 and a 200 day moving average price of $22.60.

Invesco High Yield Bond Factor ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, February 24th will be issued a dividend of $0.1361 per share. The ex-dividend date of this dividend is Monday, February 24th.

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.

See Also

Receive News & Ratings for Invesco High Yield Bond Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco High Yield Bond Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.