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

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) saw a large 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. Based on an average daily trading volume, of 38,112 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 38,112 shares, the short-interest ratio is presently 0.1 days.

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF Stock Up 0.0%

Shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF stock traded up $0.01 during mid-day trading on Friday, reaching $47.52. 12,506 shares of the stock traded hands, compared to its average volume of 28,785. The stock has a market capitalization of $401.54 million, a PE ratio of 14.57 and a beta of 0.84. The business has a 50-day moving average of $44.70 and a 200 day moving average of $42.35. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a fifty-two week low of $29.43 and a fifty-two week high of $47.72.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PDN. Access Investment Management LLC purchased a new stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the 2nd quarter valued at about $182,000. AlphaCore Capital LLC lifted its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 5,722.4% in the 2nd quarter. AlphaCore Capital LLC now owns 17,176 shares of the exchange traded fund’s stock worth $668,000 after purchasing an additional 16,881 shares in the last quarter. L & S Advisors Inc boosted its holdings in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 10.2% during the 2nd quarter. L & S Advisors Inc now owns 27,977 shares of the exchange traded fund’s stock worth $1,089,000 after purchasing an additional 2,585 shares during the last quarter. Bell Investment Advisors Inc grew 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 valued at $90,000 after purchasing an additional 955 shares in the last quarter. Finally, Asset Dedication LLC grew its position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 5.9% in the third quarter. Asset Dedication LLC now owns 15,199 shares of the exchange traded fund’s stock valued at $625,000 after purchasing an additional 851 shares in the last quarter.

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

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.