Shorting Canada bonds!??? We need some discussions here. Can anyone explain why the short ratio this went up 1400 times??
This is a tidbit on shorting bond markets
https://www.investopedia.com/articles/investing/051915/how-short-us-bond-market.asp
PGL profile:
Best Fit Index: FTSE TMX CAN Ultr Liq Long Gov Bd TR CAD
Sponsor: Invesco Canada Ltd.
Inception: June 15, 2011
PowerShares Ultra DLUX Long Term Government Bond Index ETF (PGL) seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the FTSE TMX Canada Ultra Liquid Long Term Government Bond Index, or any successor thereto. This PowerShares ETF invests primarily in Canadian government bonds.
| Holding Details |
| Total Net Assets | $698.6M |
| Shares Out. | 29.7M |
| Net Asset Value (NAV) | $23.61 |
| Prem/Discount to NAV | -0.14% |
| P/E Ratio | -- |
| Dividend Yield | 3.43% |
| Dividend per Share | 0.81 CAD |
| Ex-Dividend Date | -- |
| Dividend Payment Date | 06/7/2016 |
| Beta | 0.00 |
| Morningstar Investment Style | Canadian Long Term Fixed Income |
| Equity Style | |
| Credit Quality / Duration | Long Duration/High Quality |