Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Short Interest Up 136.7% in March

Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 18,700 shares, an increase of 136.7% from the February 29th total of 7,900 shares. Based on an average daily trading volume, of 143,300 shares, the short-interest ratio is currently 0.1 days.

Invesco FTSE RAFI US 1500 Small-Mid ETF Trading Up 0.6 %

Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF stock traded up $0.22 during midday trading on Thursday, reaching $39.28. The company had a trading volume of 112,317 shares, compared to its average volume of 138,887. The company has a market capitalization of $2.41 billion, a price-to-earnings ratio of 18.72 and a beta of 1.17. The stock has a fifty day simple moving average of $37.52 and a 200 day simple moving average of $35.19. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1-year low of $30.29 and a 1-year high of $39.52.

Invesco FTSE RAFI US 1500 Small-Mid ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a $0.0861 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend was Monday, March 18th.

Institutional Trading of Invesco FTSE RAFI US 1500 Small-Mid ETF

A number of hedge funds have recently modified their holdings of the company. Barrett & Company Inc. raised its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 403.4% in the third quarter. Barrett & Company Inc. now owns 750 shares of the company’s stock worth $25,000 after purchasing an additional 601 shares during the period. JPMorgan Chase & Co. bought a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the 2nd quarter worth approximately $25,000. EPG Wealth Management LLC lifted its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 401.2% in the third quarter. EPG Wealth Management LLC now owns 847 shares of the company’s stock valued at $28,000 after buying an additional 678 shares in the last quarter. Baystate Wealth Management LLC boosted its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 403.5% in the third quarter. Baystate Wealth Management LLC now owns 866 shares of the company’s stock valued at $29,000 after buying an additional 694 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 400.0% in the 3rd quarter. Geneos Wealth Management Inc. now owns 940 shares of the company’s stock valued at $31,000 after purchasing an additional 752 shares during the period.

Invesco FTSE 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.