Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) Short Interest Up 88.4% in August

Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 1,884,161 shares, an increase of 88.4% from the August 15th total of 1,000,037 shares. Currently, 2.8% of the company’s stock are short sold. Based on an average trading volume of 133,746 shares, the days-to-cover ratio is currently 14.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of PXH. CBIZ Investment Advisory Services LLC acquired a new position in shares of Invesco RAFI Emerging Markets ETF during the fourth quarter valued at about $26,000. Western Wealth Management LLC acquired a new stake in shares of Invesco RAFI Emerging Markets ETF in the 1st quarter worth about $32,000. Key Financial Inc raised its holdings in shares of Invesco RAFI Emerging Markets ETF by 2,100.0% in the 4th quarter. Key Financial Inc now owns 1,540 shares of the company’s stock worth $40,000 after acquiring an additional 1,470 shares during the last quarter. Root Financial Partners LLC lifted its position in Invesco RAFI Emerging Markets ETF by 58.2% in the 4th quarter. Root Financial Partners LLC now owns 4,647 shares of the company’s stock valued at $120,000 after acquiring an additional 1,710 shares in the last quarter. Finally, Fifth Third Bancorp lifted its position in Invesco RAFI Emerging Markets ETF by 400.4% in the 1st quarter. Fifth Third Bancorp now owns 4,799 shares of the company’s stock valued at $129,000 after acquiring an additional 3,840 shares in the last quarter.

Invesco RAFI Emerging Markets ETF Stock Up 1.4%

Shares of NYSEARCA:PXH opened at $29.69 on Friday. Invesco RAFI Emerging Markets ETF has a twelve month low of $24.35 and a twelve month high of $30.35. The stock’s 50 day moving average is $29.13 and its 200-day moving average is $28.43. The firm has a market capitalization of $1.99 billion, a price-to-earnings ratio of 10.43 and a beta of 0.56.

Invesco RAFI Emerging Markets ETF Company Profile

The Invesco FTSE RAFI Emerging Markets ETF (PXH) is an exchange-traded fund that is based on the FTSE RAFI Emerging index. The fund tracks an index of emerging market companies selected and weighted based on a fundamental methodology. PXH was launched on Sep 27, 2007 and is managed by Invesco.