Short Interest in Invesco International Corporate Bond ETF (NYSEARCA:PICB) Grows By 75.3%

Invesco International Corporate Bond ETF (NYSEARCA:PICB) was the recipient of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 133,749 shares, an increase of 75.3% from the February 12th total of 76,283 shares. Based on an average trading volume of 194,454 shares, the short-interest ratio is currently 0.7 days. Approximately 1.2% of the shares of the stock are sold short. Approximately 1.2% of the shares of the stock are sold short. Based on an average trading volume of 194,454 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On Invesco International Corporate Bond ETF

Several institutional investors have recently modified their holdings of PICB. Cape Investment Advisory Inc. purchased a new stake in shares of Invesco International Corporate Bond ETF during the second quarter valued at approximately $31,000. Kestra Advisory Services LLC purchased a new position in Invesco International Corporate Bond ETF in the fourth quarter worth $43,000. SHP Wealth Management bought a new position in Invesco International Corporate Bond ETF in the 4th quarter valued at $56,000. First United Bank & Trust grew its stake in Invesco International Corporate Bond ETF by 133.9% in the 3rd quarter. First United Bank & Trust now owns 4,795 shares of the company’s stock valued at $114,000 after purchasing an additional 2,745 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of Invesco International Corporate Bond ETF during the 2nd quarter valued at $155,000.

Invesco International Corporate Bond ETF Stock Down 1.0%

Shares of NYSEARCA PICB opened at $23.08 on Friday. Invesco International Corporate Bond ETF has a fifty-two week low of $22.08 and a fifty-two week high of $24.56. The business has a fifty day moving average price of $24.02 and a two-hundred day moving average price of $23.85.

Invesco International Corporate Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were paid a $0.0625 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Monday, February 23rd.

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.