Short Interest in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Expands By 174.2%

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 27,395 shares, a growth of 174.2% from the December 31st total of 9,992 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 87,956 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 87,956 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Invesco RAFI US 1500 Small-Mid ETF Trading Up 0.0%

Shares of NASDAQ:PRFZ traded up $0.01 during mid-day trading on Thursday, reaching $48.27. The stock had a trading volume of 161,078 shares, compared to its average volume of 107,253. The firm has a 50 day simple moving average of $47.09 and a two-hundred day simple moving average of $45.24. Invesco RAFI US 1500 Small-Mid ETF has a twelve month low of $32.53 and a twelve month high of $50.09. The firm has a market cap of $2.71 billion, a PE ratio of 18.02 and a beta of 1.11.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a dividend of $0.1144 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.9%.

Institutional Investors Weigh In On Invesco RAFI US 1500 Small-Mid ETF

Large investors have recently made changes to their positions in the stock. Howe & Rusling Inc. lifted its stake in Invesco RAFI US 1500 Small-Mid ETF by 72.6% in the third quarter. Howe & Rusling Inc. now owns 725 shares of the company’s stock valued at $33,000 after acquiring an additional 305 shares during the last quarter. Blue Trust Inc. bought a new stake in Invesco RAFI US 1500 Small-Mid ETF in the third quarter valued at approximately $53,000. Private Trust Co. NA raised its stake in Invesco RAFI US 1500 Small-Mid ETF by 33.0% in the second quarter. Private Trust Co. NA now owns 1,323 shares of the company’s stock valued at $54,000 after buying an additional 328 shares during the period. Palisade Asset Management LLC acquired a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF in the third quarter valued at approximately $69,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 61.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,574 shares of the company’s stock worth $64,000 after acquiring an additional 598 shares during the period.

Invesco RAFI US 1500 Small-Mid ETF Company Profile

The Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) is an exchange-traded fund that is based on the FTSE RAFI US 1500 index. The fund tracks a fundamentally-weighted index of 1,500 small- and mid-cap companies in the US that are selected using fundamental metrics. PRFZ was launched on Sep 20, 2006 and is managed by Invesco.