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

Invesco International Corporate Bond ETF (NYSEARCA:PICB) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 26,302 shares, a decrease of 40.2% from the July 30th total of 43,974 shares. Based on an average daily trading volume, of 74,334 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Tanager Wealth Management LLP increased its holdings in shares of Invesco International Corporate Bond ETF by 28.2% in the first quarter. Tanager Wealth Management LLP now owns 3,676,200 shares of the company’s stock worth $84,920,000 after purchasing an additional 808,888 shares during the period. Climber Capital SA purchased a new stake in shares of Invesco International Corporate Bond ETF in the 4th quarter valued at about $1,365,000. Walkner Condon Financial Advisors LLC grew its holdings in shares of Invesco International Corporate Bond ETF by 360.4% during the first quarter. Walkner Condon Financial Advisors LLC now owns 238,901 shares of the company’s stock worth $5,518,000 after purchasing an additional 187,010 shares in the last quarter. Bristlecone Value Partners LLC bought a new position in shares of Invesco International Corporate Bond ETF in the fourth quarter worth approximately $2,011,000. Finally, Thrivent Financial for Lutherans raised its stake in Invesco International Corporate Bond ETF by 687.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 467,328 shares of the company’s stock valued at $11,176,000 after purchasing an additional 407,974 shares in the last quarter.

Invesco International Corporate Bond ETF Trading Up 0.2%

Shares of Invesco International Corporate Bond ETF stock traded up $0.04 on Wednesday, reaching $23.03. The stock had a trading volume of 51,274 shares, compared to its average volume of 104,431. The business’s 50 day moving average is $23.12 and its two-hundred day moving average is $23.39. Invesco International Corporate Bond ETF has a 1 year low of $22.73 and a 1 year high of $24.56.

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. 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.