Invesco International Corporate Bond ETF (NYSEARCA:PICB) Short Interest Up 184.8% in January

Invesco International Corporate Bond ETF (NYSEARCA:PICB) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 230,313 shares, an increase of 184.8% from the January 15th total of 80,860 shares. Based on an average daily volume of 102,694 shares, the days-to-cover ratio is presently 2.2 days. Currently, 2.0% of the shares of the stock are sold short. Currently, 2.0% of the shares of the stock are sold short. Based on an average daily volume of 102,694 shares, the days-to-cover ratio is presently 2.2 days.

Invesco International Corporate Bond ETF Stock Down 0.0%

Shares of Invesco International Corporate Bond ETF stock traded down $0.01 during trading on Thursday, reaching $24.31. The company’s stock had a trading volume of 14,863 shares, compared to its average volume of 133,503. Invesco International Corporate Bond ETF has a 1-year low of $21.82 and a 1-year high of $24.56. The company has a 50-day simple moving average of $23.96 and a two-hundred day simple moving average of $23.80.

Invesco International Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were issued a dividend of $0.0625 per share. This represents a c) annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, January 20th.

Institutional Investors Weigh In On Invesco International Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. Tanager Wealth Management LLP lifted its stake in Invesco International Corporate Bond ETF by 99.5% in the 4th quarter. Tanager Wealth Management LLP now owns 2,867,312 shares of the company’s stock worth $68,470,000 after purchasing an additional 1,429,753 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of Invesco International Corporate Bond ETF by 687.4% in 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. Climber Capital SA purchased a new position in Invesco International Corporate Bond ETF in the 4th quarter valued at about $1,365,000. Dunhill Financial LLC increased its holdings in Invesco International Corporate Bond ETF by 127.8% in the 4th quarter. Dunhill Financial LLC now owns 73,029 shares of the company’s stock valued at $1,790,000 after purchasing an additional 40,969 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of Invesco International Corporate Bond ETF in the 2nd quarter worth about $972,000.

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.