Short Interest in Invesco RAFI Strategic US ETF (NASDAQ:IUS) Rises By 135.2%

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 58,100 shares, a growth of 135.2% from the March 31st total of 24,700 shares. Based on an average daily trading volume, of 117,600 shares, the short-interest ratio is presently 0.5 days.

Invesco RAFI Strategic US ETF Trading Up 0.5 %

Shares of NASDAQ:IUS traded up $0.25 during mid-day trading on Friday, hitting $45.96. 86,524 shares of the company traded hands, compared to its average volume of 110,082. The stock has a 50-day moving average price of $46.22 and a two-hundred day moving average price of $43.53. Invesco RAFI Strategic US ETF has a 12-month low of $37.58 and a 12-month high of $47.66. The stock has a market cap of $507.86 million, a P/E ratio of 19.54 and a beta of 0.96.

Invesco RAFI Strategic US ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were given a $0.174 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date was Monday, March 18th.

Hedge Funds Weigh In On Invesco RAFI Strategic US ETF

Institutional investors have recently modified their holdings of the business. Anchor Investment Management LLC bought a new position in Invesco RAFI Strategic US ETF during the fourth quarter valued at about $41,000. Principal Securities Inc. bought a new position in shares of Invesco RAFI Strategic US ETF during the 4th quarter valued at approximately $43,000. Global Retirement Partners LLC increased its stake in shares of Invesco RAFI Strategic US ETF by 64.4% during the 3rd quarter. Global Retirement Partners LLC now owns 1,649 shares of the company’s stock worth $65,000 after purchasing an additional 646 shares during the last quarter. Centaurus Financial Inc. bought a new stake in shares of Invesco RAFI Strategic US ETF in the 4th quarter worth approximately $103,000. Finally, Dynamic Advisor Solutions LLC purchased a new position in Invesco RAFI Strategic US ETF in the fourth quarter valued at approximately $211,000.

Invesco RAFI Strategic US ETF Company Profile

The Invesco RAFI Strategic US ETF (IUS) is an exchange-traded fund that is based on the Invesco Strategic US index. The fund tracks an index of stocks from large US firms. The index determines firm size by fundamental metrics and also screens by quality metrics IUS was launched on Sep 12, 2018 and is managed by Invesco.