Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Short Interest Down 83.8% in December

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 24,068 shares, a decrease of 83.8% from the December 15th total of 148,413 shares. Based on an average daily volume of 61,212 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 61,212 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Invesco RAFI Developed Markets ex-U.S. ETF

Institutional investors have recently made changes to their positions in the business. Bell Investment Advisors Inc grew its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 113.9% during the second quarter. Bell Investment Advisors Inc now owns 492 shares of the company’s stock worth $28,000 after buying an additional 262 shares in the last quarter. Palisade Asset Management LLC bought a new position in Invesco RAFI Developed Markets ex-U.S. ETF during the 3rd quarter valued at $47,000. Newbridge Financial Services Group Inc. acquired a new position in Invesco RAFI Developed Markets ex-U.S. ETF during the 2nd quarter worth $44,000. Harbour Investments Inc. grew its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 103.9% during the 2nd quarter. Harbour Investments Inc. now owns 883 shares of the company’s stock worth $51,000 after acquiring an additional 450 shares in the last quarter. Finally, Triumph Capital Management bought a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the 3rd quarter worth about $59,000.

Invesco RAFI Developed Markets ex-U.S. ETF Trading Down 0.4%

NYSEARCA:PXF traded down $0.26 during mid-day trading on Tuesday, hitting $67.51. The company had a trading volume of 62,983 shares, compared to its average volume of 79,610. The business has a fifty day simple moving average of $64.44 and a 200-day simple moving average of $61.60. The firm has a market capitalization of $2.36 billion, a price-to-earnings ratio of 12.91 and a beta of 0.82. Invesco RAFI Developed Markets ex-U.S. ETF has a 1 year low of $45.78 and a 1 year high of $67.86.

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

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.