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

Invesco International Corporate Bond ETF (NYSEARCA:PICB) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 39,600 shares, a decrease of 28.6% from the September 30th total of 55,500 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 74,600 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 74,600 shares, the short-interest ratio is presently 0.5 days. Approximately 0.4% of the shares of the company are sold short.

Invesco International Corporate Bond ETF Stock Performance

Shares of PICB stock traded down $0.14 on Tuesday, reaching $23.46. The stock had a trading volume of 44,644 shares, compared to its average volume of 54,891. Invesco International Corporate Bond ETF has a 1 year low of $20.99 and a 1 year high of $24.31. The company has a 50 day simple moving average of $23.80 and a 200 day simple moving average of $23.67.

Institutional Trading of Invesco International Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cape Investment Advisory Inc. purchased a new position in shares of Invesco International Corporate Bond ETF during the 2nd quarter worth $31,000. Anderson Financial Strategies LLC bought a new position in Invesco International Corporate Bond ETF in the 1st quarter worth $40,000. First United Bank & Trust purchased a new position in Invesco International Corporate Bond ETF during the second quarter valued at $50,000. Raymond James Financial Inc. bought a new stake in Invesco International Corporate Bond ETF during the second quarter valued at about $155,000. Finally, Addison Advisors LLC purchased a new stake in Invesco International Corporate Bond ETF in the second quarter worth about $203,000.

About Invesco International Corporate Bond ETF

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.