Short Interest in Invesco International Corporate Bond ETF (NYSEARCA:PICB) Declines By 72.5%

Invesco International Corporate Bond ETF (NYSEARCA:PICB) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 18,187 shares, a decline of 72.5% from the June 30th total of 66,072 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 84,974 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Invesco International Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of PICB. Tanager Wealth Management LLP increased its position in Invesco International Corporate Bond ETF by 99.5% in the fourth quarter. Tanager Wealth Management LLP now owns 2,867,312 shares of the company’s stock worth $68,470,000 after buying an additional 1,429,753 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in shares of Invesco International Corporate Bond ETF by 687.4% during the 4th quarter. Thrivent Financial for Lutherans now owns 467,328 shares of the company’s stock worth $11,176,000 after acquiring an additional 407,974 shares during the period. Walkner Condon Financial Advisors LLC grew its stake in shares of Invesco International Corporate Bond ETF by 360.4% during the 1st quarter. Walkner Condon Financial Advisors LLC now owns 238,901 shares of the company’s stock worth $5,518,000 after acquiring an additional 187,010 shares during the period. Wells Fargo & Company MN grew its stake in shares of Invesco International Corporate Bond ETF by 35.4% during the 4th quarter. Wells Fargo & Company MN now owns 416,917 shares of the company’s stock worth $9,956,000 after acquiring an additional 108,894 shares during the period. Finally, Bristlecone Value Partners LLC purchased a new stake in Invesco International Corporate Bond ETF in the 4th quarter worth about $2,011,000.

Invesco International Corporate Bond ETF Stock Up 0.0%

Shares of Invesco International Corporate Bond ETF stock traded up $0.01 on Friday, reaching $22.80. 75,679 shares of the company traded hands, compared to its average volume of 109,198. The company has a 50 day moving average of $23.22 and a 200 day moving average of $23.56. Invesco International Corporate Bond ETF has a 52 week low of $22.73 and a 52 week 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.