Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Short Interest Down 76.1% in July

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 17,693 shares, a drop of 76.1% from the July 15th total of 73,913 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 81,192 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of PRFZ. Allied Private Wealth LLC acquired a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the second quarter worth $28,000. Clearstead Trust LLC bought a new position in Invesco RAFI US 1500 Small-Mid ETF during the 4th quarter worth about $45,000. Howe & Rusling Inc. increased its holdings in Invesco RAFI US 1500 Small-Mid ETF by 42.1% during the 4th quarter. Howe & Rusling Inc. now owns 1,030 shares of the company’s stock worth $47,000 after purchasing an additional 305 shares in the last quarter. Palisade Asset Management LLC acquired a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF in the 3rd quarter valued at about $69,000. Finally, Sunbelt Securities Inc. raised its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 20.8% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,727 shares of the company’s stock valued at $78,000 after purchasing an additional 297 shares during the period.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

NASDAQ:PRFZ traded up $0.38 on Thursday, reaching $56.71. The company’s stock had a trading volume of 83,228 shares, compared to its average volume of 124,059. Invesco RAFI US 1500 Small-Mid ETF has a 1-year low of $42.51 and a 1-year high of $56.77. The firm has a market cap of $2.92 billion, a PE ratio of 18.02 and a beta of 1.06. The business’s 50-day moving average price is $54.03 and its two-hundred day moving average price is $50.58.

Invesco RAFI US 1500 Small-Mid ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a $0.0992 dividend. The ex-dividend date was Monday, June 22nd. This represents a $0.40 annualized dividend and a dividend yield of 0.7%.

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.