Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Sees Significant Increase in Short Interest

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 27,395 shares, a growth of 174.2% from the December 31st total of 9,992 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 87,956 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 87,956 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

Invesco RAFI US 1500 Small-Mid ETF Price Performance

NASDAQ:PRFZ opened at $47.74 on Friday. The firm’s 50-day moving average price is $47.28 and its 200-day moving average price is $45.30. The company has a market capitalization of $2.67 billion, a PE ratio of 18.02 and a beta of 1.11. Invesco RAFI US 1500 Small-Mid ETF has a 1-year low of $32.53 and a 1-year high of $50.09.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.1144 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 1.0%.

Institutional Trading of Invesco RAFI US 1500 Small-Mid ETF

Hedge funds have recently made changes to their positions in the stock. AlphaCore Capital LLC increased its position in Invesco RAFI US 1500 Small-Mid ETF by 3,737.0% during the 2nd quarter. AlphaCore Capital LLC now owns 265,330 shares of the company’s stock valued at $10,791,000 after buying an additional 258,415 shares in the last quarter. Invesco Ltd. grew its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 29.1% in the third quarter. Invesco Ltd. now owns 456,331 shares of the company’s stock worth $20,727,000 after acquiring an additional 102,983 shares during the last quarter. WCG Wealth Advisors LLC grew its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 58.7% in the second quarter. WCG Wealth Advisors LLC now owns 254,551 shares of the company’s stock worth $10,353,000 after acquiring an additional 94,200 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 18.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 579,102 shares of the company’s stock valued at $27,536,000 after acquiring an additional 89,411 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 164.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 128,893 shares of the company’s stock worth $5,854,000 after purchasing an additional 80,199 shares during the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Company Profile

The Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) is an exchange-traded fund that is based on the FTSE RAFI US 1500 index. The fund tracks a fundamentally-weighted index of 1,500 small- and mid-cap companies in the US that are selected using fundamental metrics. PRFZ was launched on Sep 20, 2006 and is managed by Invesco.