Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Short Interest Up 368.2% in February

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 2,135 shares, an increase of 368.2% from the January 29th total of 456 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 38,112 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 38,112 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF Trading Up 0.8%

Shares of PDN opened at $47.46 on Thursday. The company’s fifty day simple moving average is $44.49 and its 200-day simple moving average is $42.26. The company has a market cap of $401.04 million, a P/E ratio of 14.57 and a beta of 0.84. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a twelve month low of $29.43 and a twelve month high of $47.52.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 3.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,835 shares of the exchange traded fund’s stock valued at $305,000 after buying an additional 250 shares during the last quarter. IFP Advisors Inc grew its position in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 6.9% in the 3rd quarter. IFP Advisors Inc now owns 4,237 shares of the exchange traded fund’s stock valued at $174,000 after acquiring an additional 274 shares during the last quarter. Creative Planning increased its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 1.1% in the third quarter. Creative Planning now owns 28,041 shares of the exchange traded fund’s stock worth $1,153,000 after purchasing an additional 294 shares during the period. Larson Financial Group LLC lifted its position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 13.8% during the third quarter. Larson Financial Group LLC now owns 2,568 shares of the exchange traded fund’s stock worth $106,000 after purchasing an additional 312 shares during the last quarter. Finally, Focus Partners Wealth boosted its stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 2.6% during the first quarter. Focus Partners Wealth now owns 13,177 shares of the exchange traded fund’s stock valued at $441,000 after purchasing an additional 338 shares during the period.

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

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.