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

Invesco International Corporate Bond ETF (NYSEARCA:PICB) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 66,072 shares, a growth of 1,735.8% from the June 15th total of 3,599 shares. Based on an average daily volume of 134,786 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Trading of Invesco International Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of the company. Tanager Wealth Management LLP grew its stake in Invesco International Corporate Bond ETF by 28.2% in the 1st 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 period. Urban Financial Advisory Corp lifted its stake in shares of Invesco International Corporate Bond ETF by 0.4% during the 4th quarter. Urban Financial Advisory Corp now owns 908,572 shares of the company’s stock worth $21,696,000 after purchasing an additional 3,241 shares during the period. Checchi Capital Advisers LLC lifted its stake in shares of Invesco International Corporate Bond ETF by 2.1% during the 4th quarter. Checchi Capital Advisers LLC now owns 879,424 shares of the company’s stock worth $21,000,000 after purchasing an additional 18,507 shares during the period. Thrivent Financial for Lutherans boosted its holdings 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 worth $11,176,000 after purchasing an additional 407,974 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in shares of Invesco International Corporate Bond ETF by 35.4% during the fourth quarter. Wells Fargo & Company MN now owns 416,917 shares of the company’s stock worth $9,956,000 after purchasing an additional 108,894 shares during the last quarter.

Invesco International Corporate Bond ETF Price Performance

Shares of Invesco International Corporate Bond ETF stock remained flat at $23.11 during mid-day trading on Friday. 68,125 shares of the company’s stock traded hands, compared to its average volume of 112,424. Invesco International Corporate Bond ETF has a one year low of $22.75 and a one year high of $24.56. The stock has a fifty day moving average of $23.33 and a 200-day moving average of $23.62.

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.