Short Interest in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Decreases By 56.8%

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,124 shares, a decrease of 56.8% from the April 15th total of 2,603 shares. Based on an average trading volume of 15,261 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF Stock Down 1.8%

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF stock traded down $0.85 on Friday, hitting $46.18. The company’s stock had a trading volume of 18,300 shares, compared to its average volume of 31,362. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a one year low of $36.09 and a one year high of $47.72. The firm has a market cap of $387.91 million, a P/E ratio of 14.57 and a beta of 0.79. The company has a fifty day moving average price of $44.96 and a 200-day moving average price of $43.90.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PDN. Kestra Advisory Services LLC bought a new position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the fourth quarter valued at approximately $30,000. Root Financial Partners LLC bought a new position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the third quarter valued at approximately $33,000. Painted Porch Advisors LLC bought a new position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the third quarter valued at approximately $42,000. Farther Finance Advisors LLC raised its stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 374.0% in the fourth quarter. Farther Finance Advisors LLC now owns 1,256 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 991 shares during the last quarter. Finally, Larson Financial Group LLC raised its stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 13.8% in the third quarter. Larson Financial Group LLC now owns 2,568 shares of the exchange traded fund’s stock valued at $106,000 after acquiring an additional 312 shares during the last quarter.

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF Company Profile

The Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) is an exchange-traded fund that is based on the FTSE RAFI Developed x US Mid\u002FSmall index. The fund tracks a fundamentally-weighted index of small- and mid-cap stocks from developed countries outside the US that are screened based on fundamental metrics. PDN was launched on Sep 27, 2007 and is managed by Invesco.