Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Sees Large Growth in Short Interest

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 13,599 shares, an increase of 127.3% from the June 15th total of 5,983 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 105,930 shares, the short-interest ratio is presently 0.1 days.

Invesco RAFI US 1500 Small-Mid ETF Stock Down 0.0%

NASDAQ PRFZ opened at $54.54 on Friday. The company has a market capitalization of $2.80 billion, a price-to-earnings ratio of 18.02 and a beta of 1.05. Invesco RAFI US 1500 Small-Mid ETF has a twelve month low of $40.27 and a twelve month high of $56.24. The stock has a fifty day simple moving average of $52.68 and a 200 day simple moving average of $49.67.

Invesco RAFI US 1500 Small-Mid ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a $0.0992 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Trading of Invesco RAFI US 1500 Small-Mid ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Allied Private Wealth LLC bought a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF in the 2nd quarter valued at $28,000. Clearstead Trust LLC bought a new position in Invesco RAFI US 1500 Small-Mid ETF during the fourth quarter worth $45,000. Howe & Rusling Inc. raised its stake in Invesco RAFI US 1500 Small-Mid ETF by 42.1% during the fourth quarter. Howe & Rusling Inc. now owns 1,030 shares of the company’s stock worth $47,000 after buying an additional 305 shares during the last quarter. Palisade Asset Management LLC acquired a new position in Invesco RAFI US 1500 Small-Mid ETF in the third quarter valued at $69,000. Finally, Geneos Wealth Management Inc. lifted its holdings in Invesco RAFI US 1500 Small-Mid ETF by 47.7% in the second quarter. Geneos Wealth Management Inc. now owns 1,799 shares of the company’s stock valued at $73,000 after buying an additional 581 shares during the period.

About Invesco RAFI US 1500 Small-Mid ETF

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.