Invesco International Corporate Bond ETF (NYSEARCA:PICB) Short Interest Up 75.3% in February

Invesco International Corporate Bond ETF (NYSEARCA:PICB) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 133,749 shares, a growth of 75.3% from the February 12th total of 76,283 shares. Based on an average trading volume of 194,454 shares, the short-interest ratio is presently 0.7 days. Approximately 1.2% of the shares of the company are short sold. Approximately 1.2% of the shares of the company are short sold. Based on an average trading volume of 194,454 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Invesco International Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in PICB. Cape Investment Advisory Inc. bought a new stake in Invesco International Corporate Bond ETF during the 2nd quarter worth approximately $31,000. Kestra Advisory Services LLC bought a new position in Invesco International Corporate Bond ETF in the 4th quarter valued at $43,000. SHP Wealth Management purchased a new position in shares of Invesco International Corporate Bond ETF during the 4th quarter valued at $56,000. First United Bank & Trust grew its position in shares of Invesco International Corporate Bond ETF by 133.9% during the 3rd quarter. First United Bank & Trust now owns 4,795 shares of the company’s stock valued at $114,000 after purchasing an additional 2,745 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Invesco International Corporate Bond ETF in the second quarter worth $155,000.

Invesco International Corporate Bond ETF Trading Down 0.8%

Shares of NYSEARCA:PICB traded down $0.19 during mid-day trading on Friday, reaching $23.13. The company had a trading volume of 19,904 shares, compared to its average volume of 150,070. Invesco International Corporate Bond ETF has a one year low of $22.08 and a one year high of $24.56. The company’s 50-day moving average price is $24.03 and its 200-day moving average price is $23.85.

Invesco International Corporate Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were paid a $0.0625 dividend. The ex-dividend date was Monday, February 23rd. This represents a c) annualized dividend and a dividend yield of 3.2%.

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.