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

Posted by Erica Schwartz on Nov 28th, 2024

Invesco High Yield Bond Factor ETF (NASDAQ:IHYF – Get Free Report) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 11,800 shares, an increase of 280.6% from the October 31st total of 3,100 shares. Based on an average trading volume of 5,500 shares, the days-to-cover ratio is presently 2.1 days.

Hedge Funds Weigh In On Invesco High Yield Bond Factor ETF

A hedge fund recently bought a new stake in Invesco High Yield Bond Factor ETF stock. Jane Street Group LLC bought a new position in shares of Invesco High Yield Bond Factor ETF (NASDAQ:IHYF – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 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 at the end of the most recent quarter.

Invesco High Yield Bond Factor ETF Price Performance

Shares of NASDAQ:IHYF traded up $0.02 during trading on Thursday, hitting $22.68. The company’s stock had a trading volume of 4,336 shares, compared to its average volume of 12,088. The company has a 50-day moving average of $22.63 and a 200-day moving average of $22.44. Invesco High Yield Bond Factor ETF has a 12 month low of $21.54 and a 12 month high of $22.96.

Invesco High Yield Bond Factor ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 18th were paid a $0.1376 dividend. The ex-dividend date was Monday, November 18th.

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.