Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) Short Interest Update

Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 1,884,161 shares, a growth of 88.4% from the August 15th total of 1,000,037 shares. Currently, 2.8% of the company’s stock are short sold. Based on an average trading volume of 133,746 shares, the days-to-cover ratio is currently 14.1 days.

Invesco RAFI Emerging Markets ETF Price Performance

Shares of PXH traded up $0.42 during trading hours on Thursday, hitting $29.69. The stock had a trading volume of 173,527 shares, compared to its average volume of 284,891. Invesco RAFI Emerging Markets ETF has a 12 month low of $24.35 and a 12 month high of $30.35. The stock has a fifty day moving average price of $29.10 and a 200 day moving average price of $28.43. The firm has a market capitalization of $1.99 billion, a PE ratio of 10.43 and a beta of 0.56.

Institutional Investors Weigh In On Invesco RAFI Emerging Markets ETF

Several large investors have recently made changes to their positions in PXH. Cidel Asset Management Inc. raised its holdings in Invesco RAFI Emerging Markets ETF by 8.8% during the 1st quarter. Cidel Asset Management Inc. now owns 619,812 shares of the company’s stock valued at $16,679,000 after buying an additional 50,291 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Invesco RAFI Emerging Markets ETF by 294.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 151,335 shares of the company’s stock valued at $3,906,000 after acquiring an additional 112,988 shares during the last quarter. Bank of America Corp DE increased its position in Invesco RAFI Emerging Markets ETF by 6.1% during the first quarter. Bank of America Corp DE now owns 1,686,830 shares of the company’s stock valued at $45,393,000 after acquiring an additional 96,377 shares during the last quarter. Citadel Advisors LLC raised its stake in shares of Invesco RAFI Emerging Markets ETF by 155.7% in the second quarter. Citadel Advisors LLC now owns 146,110 shares of the company’s stock valued at $4,074,000 after acquiring an additional 88,971 shares during the period. Finally, Kinetic Wealth Investment Advisors LLC bought a new stake in shares of Invesco RAFI Emerging Markets ETF in the 2nd quarter worth about $843,000.

About Invesco RAFI Emerging Markets ETF

The Invesco FTSE RAFI Emerging Markets ETF (PXH) is an exchange-traded fund that is based on the FTSE RAFI Emerging index. The fund tracks an index of emerging market companies selected and weighted based on a fundamental methodology. PXH was launched on Sep 27, 2007 and is managed by Invesco.