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

Invesco International Corporate Bond ETF (NYSEARCA:PICB) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 3,599 shares, a drop of 96.6% from the May 31st total of 104,453 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 88,815 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Invesco International Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC purchased a new stake in Invesco International Corporate Bond ETF during the fourth quarter worth about $43,000. SHP Wealth Management purchased a new stake in shares of Invesco International Corporate Bond ETF during the 4th quarter worth approximately $56,000. Cape Investment Advisory Inc. raised its holdings in shares of Invesco International Corporate Bond ETF by 224.9% in the 3rd quarter. Cape Investment Advisory Inc. now owns 4,100 shares of the company’s stock worth $98,000 after purchasing an additional 2,838 shares during the period. Raymond James Financial Inc. purchased a new stake in Invesco International Corporate Bond ETF in the second quarter worth $155,000. Finally, Fifth Third Securities Inc. purchased a new stake in Invesco International Corporate Bond ETF in the fourth quarter worth $201,000.

Invesco International Corporate Bond ETF Stock Performance

Invesco International Corporate Bond ETF stock traded up $0.04 during mid-day trading on Thursday, reaching $23.06. 76,597 shares of the company’s stock were exchanged, compared to its average volume of 113,152. The business’s fifty day simple moving average is $23.44 and its 200 day simple moving average is $23.67. Invesco International Corporate Bond ETF has a one year low of $22.75 and a one year high of $24.56.

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.