Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Short Interest Down 99.5% in January

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 86 shares, a drop of 99.5% from the December 31st total of 15,953 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 26,264 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 26,264 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF Trading Up 0.4%

PDN stock traded up $0.17 on Thursday, hitting $45.61. The company’s stock had a trading volume of 30,362 shares, compared to its average volume of 26,672. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a 1 year low of $29.43 and a 1 year high of $45.80. The stock has a market cap of $385.40 million, a price-to-earnings ratio of 14.57 and a beta of 0.84. The firm has a 50 day moving average of $42.72 and a two-hundred day moving average of $41.31.

Institutional Trading of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. IFP Advisors Inc raised its holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 19.8% during the second quarter. IFP Advisors Inc now owns 3,963 shares of the exchange traded fund’s stock worth $154,000 after purchasing an additional 655 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the second quarter valued at $27,000. Access Investment Management LLC purchased a new position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the second quarter valued at $182,000. AlphaCore Capital LLC raised its stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 5,722.4% during the 2nd quarter. AlphaCore Capital LLC now owns 17,176 shares of the exchange traded fund’s stock worth $668,000 after buying an additional 16,881 shares during the last quarter. Finally, L & S Advisors Inc raised its stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 10.2% during the 2nd quarter. L & S Advisors Inc now owns 27,977 shares of the exchange traded fund’s stock worth $1,089,000 after buying an additional 2,585 shares during the last quarter.

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

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.