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

Invesco International Corporate Bond ETF (NYSEARCA:PICB) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 104,453 shares, an increase of 778.8% from the May 14th total of 11,886 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily volume of 79,595 shares, the short-interest ratio is presently 1.3 days.

Invesco International Corporate Bond ETF Price Performance

Shares of Invesco International Corporate Bond ETF stock opened at $23.43 on Friday. The firm has a 50 day simple moving average of $23.48 and a 200 day simple moving average of $23.70. Invesco International Corporate Bond ETF has a fifty-two week low of $22.75 and a fifty-two week high of $24.56.

Institutional Trading of Invesco International Corporate Bond ETF

Institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC acquired a new stake in Invesco International Corporate Bond ETF during the 4th quarter worth $43,000. SHP Wealth Management acquired a new stake in Invesco International Corporate Bond ETF during the 4th quarter worth $56,000. Cape Investment Advisory Inc. grew its holdings in Invesco International Corporate Bond ETF by 224.9% during the 3rd quarter. Cape Investment Advisory Inc. now owns 4,100 shares of the company’s stock worth $98,000 after acquiring an additional 2,838 shares during the period. Raymond James Financial Inc. acquired a new stake in Invesco International Corporate Bond ETF during the 2nd quarter worth $155,000. Finally, Fifth Third Securities Inc. acquired a new stake in Invesco International Corporate Bond ETF during the 4th quarter worth $201,000.

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.