Invesco International Corporate Bond ETF (NYSEARCA:PICB) Sees Significant Decrease in Short Interest

Invesco International Corporate Bond ETF (NYSEARCA:PICB) was the recipient of a significant drop in short interest in 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. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 88,815 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Invesco International Corporate Bond ETF

A number of large investors have recently made changes to their positions in PICB. Tanager Wealth Management LLP increased its stake in Invesco International Corporate Bond ETF by 28.2% during the first quarter. Tanager Wealth Management LLP now owns 3,676,200 shares of the company’s stock worth $84,920,000 after acquiring an additional 808,888 shares during the last quarter. Urban Financial Advisory Corp increased its position in shares of Invesco International Corporate Bond ETF by 0.4% during the fourth quarter. Urban Financial Advisory Corp now owns 908,572 shares of the company’s stock worth $21,696,000 after acquiring an additional 3,241 shares during the period. Checchi Capital Advisers LLC increased its position in shares of Invesco International Corporate Bond ETF by 2.1% during the fourth quarter. Checchi Capital Advisers LLC now owns 879,424 shares of the company’s stock worth $21,000,000 after acquiring an additional 18,507 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of Invesco International Corporate Bond ETF by 687.4% during the fourth quarter. Thrivent Financial for Lutherans now owns 467,328 shares of the company’s stock valued at $11,176,000 after acquiring an additional 407,974 shares in the last quarter. Finally, Wells Fargo & Company MN raised its position in 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 valued at $9,956,000 after purchasing an additional 108,894 shares in the last quarter.

Invesco International Corporate Bond ETF Stock Performance

NYSEARCA:PICB traded up $0.01 during trading hours on Friday, reaching $23.07. The stock had a trading volume of 88,198 shares, compared to its average volume of 112,945. The company has a 50 day moving average price of $23.42 and a two-hundred day moving average price of $23.67. Invesco International Corporate Bond ETF has a 52 week low of $22.75 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.