Invesco RAFI US 1000 ETF (NYSEARCA:PRF) Shares Shorted: Short Interest Down 60.8% in October

Invesco RAFI US 1000 ETF (NYSEARCA:PRF) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 41,534 shares, a decline of 60.8% from the September 30th total of 106,041 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 435,700 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Invesco RAFI US 1000 ETF

A number of institutional investors have recently bought and sold shares of the business. Godsey & Gibb Inc. purchased a new stake in Invesco RAFI US 1000 ETF in the 3rd quarter worth $25,000. C M Bidwell & Associates Ltd. acquired a new position in Invesco RAFI US 1000 ETF during the second quarter worth approximately $29,000. Mascoma Wealth Management LLC purchased a new stake in Invesco RAFI US 1000 ETF in the 3rd quarter valued at approximately $29,000. Versant Capital Management Inc purchased a new stake in shares of Invesco RAFI US 1000 ETF in the second quarter valued at about $31,000. Finally, Signaturefd LLC acquired a new position in shares of Invesco RAFI US 1000 ETF during the 3rd quarter valued at about $42,000.

Invesco RAFI US 1000 ETF Price Performance

NYSEARCA:PRF opened at $56.33 on Thursday. The stock has a market cap of $10.13 billion, a PE ratio of 17.96 and a beta of 0.88. Invesco RAFI US 1000 ETF has a fifty-two week low of $44.47 and a fifty-two week high of $56.65. The stock’s 50-day moving average is $55.72 and its two-hundred day moving average is $52.53.

About Invesco RAFI US 1000 ETF

The Invesco FTSE RAFI US 1000 ETF (PRF) is an exchange-traded fund that is based on the FTSE RAFI US 1000 index. The fund tracks an index of 1,000 of the largest US companies that are selected and weighted using fundamental metrics. PRF was launched on Dec 19, 2005 and is managed by Invesco.