Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Short Interest Up 160.7% in August

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 518,535 shares, an increase of 160.7% from the July 30th total of 198,921 shares. Based on an average trading volume of 109,299 shares, the short-interest ratio is currently 4.7 days. Currently, 1.4% of the company’s shares are sold short.

Hedge Funds Weigh In On Invesco RAFI Developed Markets ex-U.S. ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp increased its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 44.8% in the 4th quarter. Bank of New York Mellon Corp now owns 1,204,516 shares of the company’s stock valued at $78,950,000 after acquiring an additional 372,856 shares in the last quarter. Bank of America Corp DE grew its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 7.5% in the first quarter. Bank of America Corp DE now owns 963,927 shares of the company’s stock worth $67,379,000 after purchasing an additional 67,149 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 444.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 794,407 shares of the company’s stock valued at $52,073,000 after purchasing an additional 648,623 shares in the last quarter. Sanctuary Advisors LLC increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 4.7% in the first quarter. Sanctuary Advisors LLC now owns 579,402 shares of the company’s stock valued at $40,500,000 after purchasing an additional 26,215 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 8.6% in the fourth quarter. Wells Fargo & Company MN now owns 558,509 shares of the company’s stock valued at $36,607,000 after purchasing an additional 44,409 shares in the last quarter.

Invesco RAFI Developed Markets ex-U.S. ETF Price Performance

Shares of Invesco RAFI Developed Markets ex-U.S. ETF stock opened at $79.38 on Friday. Invesco RAFI Developed Markets ex-U.S. ETF has a one year low of $59.31 and a one year high of $80.00. The stock’s 50-day moving average is $77.03 and its 200 day moving average is $74.96. The firm has a market cap of $2.98 billion, a price-to-earnings ratio of 12.91 and a beta of 0.74.

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

The Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF) is an exchange-traded fund that is based on the FTSE RAFI Developed x US 1000 index. The fund tracks an index of 1,000 of the biggest companies in developed markets outside the US that are selected and weighted based on fundamental measures. PXF was launched on Jun 25, 2007 and is managed by Invesco.