Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Stock Short Interest Rises 81.3%

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 578,037 shares, an increase of 81.3% from the September 30th total of 318,838 shares. Approximately 1.5% of the shares of the stock are short sold. Based on an average trading volume of 131,135 shares, the days-to-cover ratio is presently 4.4 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. BIP Wealth LLC boosted its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 0.4% in the 3rd quarter. BIP Wealth LLC now owns 43,264 shares of the company’s stock valued at $3,298,000 after buying an additional 187 shares in the last quarter. Triumph Capital Management grew its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 21.5% during the second quarter. Triumph Capital Management now owns 1,182 shares of the company’s stock worth $89,000 after purchasing an additional 209 shares during the last quarter. CoreCap Advisors LLC increased its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 6.2% during the second quarter. CoreCap Advisors LLC now owns 4,668 shares of the company’s stock worth $353,000 after purchasing an additional 271 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 4.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 7,235 shares of the company’s stock valued at $506,000 after purchasing an additional 316 shares during the last quarter. Finally, JFS Wealth Advisors LLC boosted its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 3.0% in the 2nd quarter. JFS Wealth Advisors LLC now owns 11,450 shares of the company’s stock valued at $866,000 after purchasing an additional 338 shares during the period.

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

Shares of NYSEARCA:PXF traded down $0.69 during midday trading on Friday, hitting $76.20. The company had a trading volume of 69,059 shares, compared to its average volume of 123,300. The business’s 50-day simple moving average is $77.65 and its 200-day simple moving average is $75.02. The stock has a market cap of $3.01 billion, a price-to-earnings ratio of 12.91 and a beta of 0.75. Invesco RAFI Developed Markets ex-U.S. ETF has a twelve month low of $60.93 and a twelve month high of $80.65.

About Invesco RAFI Developed Markets ex-U.S. ETF

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.