Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Short Interest Up 325.0% in February

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 282,334 shares, an increase of 325.0% from the February 12th total of 66,428 shares. Based on an average daily volume of 308,352 shares, the short-interest ratio is presently 0.9 days. Currently, 0.8% of the company’s shares are sold short. Currently, 0.8% of the company’s shares are sold short. Based on an average daily volume of 308,352 shares, the short-interest ratio is presently 0.9 days.

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

Shares of NYSEARCA PXF traded down $1.37 during mid-day trading on Thursday, hitting $69.69. The company’s stock had a trading volume of 425,238 shares, compared to its average volume of 167,265. Invesco RAFI Developed Markets ex-U.S. ETF has a one year low of $45.78 and a one year high of $76.36. The company’s fifty day simple moving average is $71.01 and its 200-day simple moving average is $65.49. The stock has a market cap of $2.44 billion, a price-to-earnings ratio of 12.91 and a beta of 0.82.

Institutional Trading of Invesco RAFI Developed Markets ex-U.S. ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 444.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 794,407 shares of the company’s stock worth $52,073,000 after acquiring an additional 648,623 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the 4th quarter valued at about $36,259,000. Bank of New York Mellon Corp lifted its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 44.8% during the 4th quarter. Bank of New York Mellon Corp now owns 1,204,516 shares of the company’s stock valued at $78,950,000 after purchasing an additional 372,856 shares in the last quarter. Align Financial LLC acquired a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the 4th quarter valued at approximately $24,335,000. Finally, Charles Schwab Investment Management Inc. increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 1.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 11,861,260 shares of the company’s stock worth $681,074,000 after purchasing an additional 161,989 shares in the last quarter.

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.