Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Short Interest Up 1,936.7% in June

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 24,461 shares, an increase of 1,936.7% from the May 31st total of 1,201 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 29,430 shares, the short-interest ratio is presently 0.8 days.

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF Stock Performance

Shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF stock opened at $44.72 on Friday. The business’s 50 day simple moving average is $46.18 and its 200 day simple moving average is $44.91. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a 52-week low of $38.43 and a 52-week high of $47.72. The firm has a market cap of $375.65 million, a PE ratio of 14.57 and a beta of 0.78.

Institutional Trading of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF

Institutional investors have recently made changes to their positions in the business. Invesco Ltd. boosted its holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 39.1% during the third quarter. Invesco Ltd. now owns 340,886 shares of the exchange traded fund’s stock worth $14,014,000 after purchasing an additional 95,859 shares during the last quarter. Robinswood Financial LLC acquired a new stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the 1st quarter worth approximately $3,656,000. Jane Street Group LLC boosted its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 234.6% in the 2nd quarter. Jane Street Group LLC now owns 106,036 shares of the exchange traded fund’s stock valued at $4,127,000 after purchasing an additional 74,345 shares during the period. Susquehanna International Group LLP grew its holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 76.4% in the 3rd quarter. Susquehanna International Group LLP now owns 160,245 shares of the exchange traded fund’s stock valued at $6,588,000 after buying an additional 69,405 shares in the last quarter. Finally, Crusonia Wealth Advisors LLC acquired a new position in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the 4th quarter valued at $1,562,000.

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.