Invesco International Corporate Bond ETF (NYSEARCA:PICB) Short Interest Update

Invesco International Corporate Bond ETF (NYSEARCA:PICB) saw a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 230,313 shares, an increase of 184.8% from the January 15th total of 80,860 shares. Currently, 2.0% of the company’s shares are sold short. Based on an average trading volume of 102,694 shares, the days-to-cover ratio is presently 2.2 days. Based on an average trading volume of 102,694 shares, the days-to-cover ratio is presently 2.2 days. Currently, 2.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Invesco International Corporate Bond ETF

Large investors have recently added to or reduced their stakes in the business. Kingsview Wealth Management LLC purchased a new stake in shares of Invesco International Corporate Bond ETF during the second quarter worth about $208,000. Addison Advisors LLC acquired a new stake in Invesco International Corporate Bond ETF during the second quarter worth approximately $203,000. Millington Financial Advisors LLC grew its stake in Invesco International Corporate Bond ETF by 21.1% in the 2nd quarter. Millington Financial Advisors LLC now owns 28,710 shares of the company’s stock worth $688,000 after acquiring an additional 5,010 shares during the period. Clune & Associates LTD. purchased a new stake in Invesco International Corporate Bond ETF in the 2nd quarter worth approximately $592,000. Finally, VERITY Wealth Advisors acquired a new position in Invesco International Corporate Bond ETF in the 2nd quarter valued at $418,000.

Invesco International Corporate Bond ETF Stock Performance

Shares of Invesco International Corporate Bond ETF stock traded up $0.01 during trading hours on Friday, hitting $24.35. The company’s stock had a trading volume of 166,858 shares, compared to its average volume of 137,679. The firm has a fifty day moving average of $23.98 and a 200-day moving average of $23.81. Invesco International Corporate Bond ETF has a twelve month low of $21.82 and a twelve month high of $24.56.

Invesco International Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were given a $0.0625 dividend. The ex-dividend date was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%.

Invesco International Corporate Bond ETF Company Profile

PowerShares International Corporate Bond Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called the S&P International Corporate Bond Index (the Index). The Fund will normally invest at least 80% of its total assets in the securities that comprise the Index. The Index measures the performance of investment grade corporate bonds issued by non-the United States issuers in the currencies: Australian Dollar, British Pound, Canadian Dollar, Euro, Japanese Yen, Swiss Franc, Danish Krone, New Zealand Dollar, Norwegian Krone and Swedish Krona.