Short Interest in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Grows By 43.8%

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 39,391 shares, a growth of 43.8% from the January 15th total of 27,395 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 129,113 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 129,113 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in PRFZ. Howe & Rusling Inc. raised its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 72.6% during 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. Clearstead Trust LLC purchased a new position in Invesco RAFI US 1500 Small-Mid ETF in the 4th quarter valued at $45,000. Blue Trust Inc. acquired a new stake in Invesco RAFI US 1500 Small-Mid ETF during the 3rd quarter worth $53,000. Private Trust Co. NA boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 33.0% during the 2nd quarter. Private Trust Co. NA now owns 1,323 shares of the company’s stock worth $54,000 after purchasing an additional 328 shares during the last quarter. Finally, Palisade Asset Management LLC purchased a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the third quarter worth $69,000.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

NASDAQ PRFZ traded up $0.46 on Monday, reaching $48.41. 47,825 shares of the stock traded hands, compared to its average volume of 121,497. Invesco RAFI US 1500 Small-Mid ETF has a 12 month low of $32.53 and a 12 month high of $50.09. The company has a fifty day moving average price of $47.74 and a 200-day moving average price of $45.79. The company has a market cap of $2.71 billion, a price-to-earnings ratio of 18.02 and a beta of 1.11.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

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

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.