Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Short Interest Down 15.7% in March

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) was the recipient of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 2,435 shares, a decline of 15.7% from the February 26th total of 2,888 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 60,889 shares, the days-to-cover ratio is presently 0.0 days.

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

Shares of NYSEARCA PDN traded up $0.54 during mid-day trading on Tuesday, hitting $42.54. The company’s stock had a trading volume of 13,534 shares, compared to its average volume of 33,544. The stock has a market cap of $359.46 million, a price-to-earnings ratio of 14.57 and a beta of 0.84. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a one year low of $29.43 and a one year high of $47.72. The company’s fifty day simple moving average is $45.09 and its 200-day simple moving average is $42.86.

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

Several large investors have recently bought and sold shares of the business. Raymond James Financial Inc. grew its holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 10.6% during the 3rd quarter. Raymond James Financial Inc. now owns 7,874 shares of the exchange traded fund’s stock worth $324,000 after acquiring an additional 753 shares during the period. Orion Porfolio Solutions LLC acquired a new position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the 4th quarter valued at $313,000. CIBC Private Wealth Group LLC lifted its stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 16.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,793 shares of the exchange traded fund’s stock valued at $115,000 after purchasing an additional 394 shares during the period. Larson Financial Group LLC boosted its position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 13.8% in the 3rd quarter. Larson Financial Group LLC now owns 2,568 shares of the exchange traded fund’s stock worth $106,000 after purchasing an additional 312 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 374.0% in the 4th quarter. Farther Finance Advisors LLC now owns 1,256 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 991 shares during the last quarter.

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

The Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) is an exchange-traded fund that is based on the FTSE RAFI Developed x US Mid\u002FSmall index. The fund tracks a fundamentally-weighted index of small- and mid-cap stocks from developed countries outside the US that are screened based on fundamental metrics. PDN was launched on Sep 27, 2007 and is managed by Invesco.