PHB Makes Notable Cross Below Critical Moving Average
July 21, 2014 at 10:58 AM EDT
In trading on Monday, shares of the PowerShares Fundamental High Yield Corporate Bond Portfolio ETF (PHB) crossed below their 200 day moving average of $19.35, changing hands as low as $19.33 per share. PowerShares Fundamental High Yield Corporate Bond Portfolio shares are currently trading off about 0.3% on the day..