PowerShares High Yield Corporate Bond Portfolio (NYSEARCA:PHB) was the recipient of 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 daily volume of 597,514 shares, the days-to-cover ratio is presently 0.2 days.

Shares of PowerShares High Yield Corporate Bond Portfolio (PHB) opened at $19.01 on Thursday. PowerShares High Yield Corporate Bond Portfolio has a twelve month low of $18.55 and a twelve month high of $19.14.

The company also recently disclosed a monthly dividend, which was paid on Friday, December 29th. Shareholders of record on Tuesday, December 19th were issued a dividend of $0.0595 per share. The ex-dividend date of this dividend was Monday, December 18th. This represents a $0.71 annualized dividend and a yield of 3.76%.

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