PowerShares High Yield Corporate Bond Portfolio (NYSEARCA:PHB) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 111,663 shares, a decline of 77.9% from the November 30th total of 506,194 shares. Based on an average trading volume of 597,514 shares, the short-interest ratio is presently 0.2 days.
Shares of PowerShares High Yield Corporate Bond Portfolio (PHB) opened at $19.02 on Tuesday. PowerShares High Yield Corporate Bond Portfolio has a fifty-two week low of $18.55 and a fifty-two week high of $19.14.
The business also recently declared a monthly dividend, which was paid on Friday, December 29th. Shareholders of record on Tuesday, December 19th were issued a $0.0595 dividend. The ex-dividend date of this dividend was Monday, December 18th. This represents a $0.71 dividend on an annualized basis and a yield of 3.76%.
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