Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Short Interest Update

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 2,888 shares, a growth of 35.3% from the February 12th total of 2,135 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 23,893 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 23,893 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

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

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF stock opened at $43.16 on Friday. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a 1 year low of $29.43 and a 1 year high of $47.72. The firm’s 50 day moving average price is $45.20 and its two-hundred day moving average price is $42.68. The firm has a market cap of $364.70 million, a price-to-earnings ratio of 14.57 and a beta of 0.84.

Institutional Investors Weigh In On Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF

Hedge funds have recently modified their holdings of the stock. Kestra Advisory Services LLC purchased a new position in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the 4th quarter worth about $30,000. Root Financial Partners LLC purchased a new stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the third quarter valued at about $33,000. Painted Porch Advisors LLC acquired a new position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the third quarter worth about $42,000. Farther Finance Advisors LLC increased its position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 374.0% in the fourth quarter. Farther Finance Advisors LLC now owns 1,256 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 991 shares in the last quarter. Finally, Bell Investment Advisors Inc increased its position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 69.8% in the second quarter. Bell Investment Advisors Inc now owns 2,323 shares of the exchange traded fund’s stock worth $90,000 after acquiring an additional 955 shares in the last quarter.

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.