Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Stock Short Interest Falls 66.5%

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) saw a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 19,363 shares, a decrease of 66.5% from the October 15th total of 57,869 shares. Based on an average daily trading volume, of 86,899 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On Invesco RAFI US 1500 Small-Mid ETF

A number of institutional investors and hedge funds have recently bought and sold shares of PRFZ. Barrett & Company Inc. acquired a new position in shares of Invesco RAFI US 1500 Small-Mid ETF during the third quarter worth $27,000. Allied Private Wealth LLC purchased a new position in Invesco RAFI US 1500 Small-Mid ETF in the 2nd quarter valued at about $28,000. Hantz Financial Services Inc. acquired a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the third quarter valued at about $27,000. Prudent Man Investment Management Inc. grew its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 5,280.0% during the third quarter. Prudent Man Investment Management Inc. now owns 538 shares of the company’s stock valued at $28,000 after acquiring an additional 528 shares in the last quarter. Finally, Balance Wealth Partners LLC purchased a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the third quarter worth about $29,000.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

Shares of PRFZ stock traded down $0.29 during trading hours on Friday, reaching $52.54. The company had a trading volume of 13,025 shares, compared to its average volume of 125,317. Invesco RAFI US 1500 Small-Mid ETF has a twelve month low of $42.73 and a twelve month high of $56.84. The company has a market capitalization of $2.64 billion, a P/E ratio of 19.36 and a beta of 1.09. The stock’s fifty day simple moving average is $53.08 and its 200 day simple moving average is $51.59.

Invesco RAFI US 1500 Small-Mid ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were given a dividend of $0.1290 per share. This is a boost from Invesco RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.0992. The ex-dividend date of this dividend was Monday, September 21st. This represents a $0.52 annualized dividend and a yield of 1.0%.

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.