Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Short Interest Down 68.8% in July

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 7,914 shares, a decline of 68.8% from the June 30th total of 25,354 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 12,575 shares, the days-to-cover ratio is currently 0.6 days.

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

A number of institutional investors have recently modified their holdings of the business. Invesco Ltd. raised its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 6.8% during the fourth quarter. Invesco Ltd. now owns 364,163 shares of the exchange traded fund’s stock worth $15,363,000 after acquiring an additional 23,277 shares during the period. Susquehanna International Group LLP boosted its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 76.4% in the third quarter. Susquehanna International Group LLP now owns 160,245 shares of the exchange traded fund’s stock valued at $6,588,000 after acquiring an additional 69,405 shares during the period. Captrust Financial Advisors boosted its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 2.0% in the second quarter. Captrust Financial Advisors now owns 110,868 shares of the exchange traded fund’s stock valued at $4,315,000 after acquiring an additional 2,206 shares during the period. Jane Street Group LLC boosted its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 234.6% in the second quarter. Jane Street Group LLC now owns 106,036 shares of the exchange traded fund’s stock valued at $4,127,000 after acquiring an additional 74,345 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 4.0% during the third quarter. Ameriprise Financial Inc. now owns 102,621 shares of the exchange traded fund’s stock valued at $4,219,000 after purchasing an additional 3,967 shares during the last quarter.

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF Stock Performance

Shares of NYSEARCA:PDN opened at $45.06 on Friday. The stock has a market capitalization of $349.21 million, a price-to-earnings ratio of 14.57 and a beta of 0.79. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a 1-year low of $38.48 and a 1-year high of $47.72. The company’s fifty day moving average is $45.65 and its two-hundred day moving average is $45.32.

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.