Short Interest in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Rises By 430.2%

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 456 shares, a growth of 430.2% from the January 15th total of 86 shares. Based on an average daily volume of 26,582 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 26,582 shares, the days-to-cover ratio is presently 0.0 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC grew its stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 18.1% during the 4th quarter. Jane Street Group LLC now owns 26,228 shares of the exchange traded fund’s stock worth $1,106,000 after purchasing an additional 4,015 shares during the period. Orion Porfolio Solutions LLC purchased a new stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the fourth quarter worth about $313,000. Cibc World Market Inc. grew its position in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 3.5% during the fourth quarter. Cibc World Market Inc. now owns 28,045 shares of the exchange traded fund’s stock worth $1,183,000 after buying an additional 953 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 7.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 8,715 shares of the exchange traded fund’s stock valued at $368,000 after buying an additional 605 shares in the last quarter. Finally, Truist Financial Corp acquired a new stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the 4th quarter valued at approximately $200,000.

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF Trading Down 0.8%

NYSEARCA PDN opened at $46.63 on Friday. The stock has a market capitalization of $394.02 million, a price-to-earnings ratio of 14.57 and a beta of 0.84. The business’s 50 day moving average is $43.60 and its two-hundred day moving average is $41.76. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a 12-month low of $29.43 and a 12-month high of $47.29.

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.