Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sees Significant Growth in Short Interest

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXFGet Free Report) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 204,859 shares, an increase of 294.5% from the June 30th total of 51,924 shares. Based on an average trading volume of 102,167 shares, the short-interest ratio is currently 2.0 days. Approximately 0.5% of the company’s stock are sold short.

Invesco RAFI Developed Markets ex-U.S. ETF Price Performance

Shares of NYSEARCA PXF traded down $0.09 during trading on Friday, hitting $75.52. The stock had a trading volume of 53,407 shares, compared to its average volume of 122,756. Invesco RAFI Developed Markets ex-U.S. ETF has a 12 month low of $56.81 and a 12 month high of $78.96. The company has a market capitalization of $2.83 billion, a PE ratio of 12.91 and a beta of 0.73. The firm has a fifty day moving average of $76.31 and a two-hundred day moving average of $73.30.

Hedge Funds Weigh In On Invesco RAFI Developed Markets ex-U.S. ETF

Several hedge funds have recently bought and sold shares of PXF. Revolve Wealth Partners LLC purchased a new stake in Invesco RAFI Developed Markets ex-U.S. ETF in the 4th quarter worth approximately $367,000. Royal Bank of Canada grew its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 6.1% during the 1st quarter. Royal Bank of Canada now owns 118,946 shares of the company’s stock valued at $6,184,000 after purchasing an additional 6,833 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 376.7% during the 1st quarter. NewEdge Advisors LLC now owns 2,393 shares of the company’s stock valued at $124,000 after purchasing an additional 1,891 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 54.9% in the first quarter. Jones Financial Companies Lllp now owns 7,721 shares of the company’s stock worth $401,000 after purchasing an additional 2,737 shares during the period. Finally, Goldman Sachs Group Inc. bought a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the first quarter worth $1,306,000.

Invesco RAFI Developed Markets ex-U.S. ETF Company Profile

(Get Free Report)

The Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF) is an exchange-traded fund that is based on the FTSE RAFI Developed x US 1000 index. The fund tracks an index of 1,000 of the biggest companies in developed markets outside the US that are selected and weighted based on fundamental measures. PXF was launched on Jun 25, 2007 and is managed by Invesco.

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