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

Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) was the target of a large drop in short interest in January. As of January 15th, there was short interest totalling 1,100 shares, a drop of 81.4% from the December 31st total of 5,900 shares. Based on an average daily volume of 7,600 shares, the days-to-cover ratio is currently 0.1 days.

Invesco High Yield Bond Factor ETF Stock Performance

Shares of NASDAQ IHYF remained flat at $22.65 during midday trading on Tuesday. The stock had a trading volume of 2,502 shares, compared to its average volume of 5,253. The firm has a fifty day simple moving average of $22.62 and a two-hundred day simple moving average of $22.57. Invesco High Yield Bond Factor ETF has a 1-year low of $21.82 and a 1-year high of $22.96.

Invesco High Yield Bond Factor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were given a $0.1375 dividend. This is an increase from Invesco High Yield Bond Factor ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Tuesday, January 21st.

Institutional Trading of Invesco High Yield Bond Factor ETF

An institutional investor recently raised its position in Invesco High Yield Bond Factor ETF stock. MRA Advisory Group increased its position in shares of Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) by 5.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 531,435 shares of the company’s stock after purchasing an additional 26,134 shares during the period. Invesco High Yield Bond Factor ETF makes up approximately 6.3% of MRA Advisory Group’s portfolio, making the stock its 2nd largest position. MRA Advisory Group owned about 22.14% of Invesco High Yield Bond Factor ETF worth $11,963,000 at the end of the most recent quarter.

About Invesco High Yield Bond Factor ETF

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.