Invesco RAFI Strategic US ETF (NASDAQ:IUS) Short Interest Update

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 42,821 shares, an increase of 858.8% from the December 31st total of 4,466 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 51,823 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily volume of 51,823 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.4% of the company’s shares are short sold.

Hedge Funds Weigh In On Invesco RAFI Strategic US ETF

Several large investors have recently bought and sold shares of IUS. Prospera Financial Services Inc lifted its position in shares of Invesco RAFI Strategic US ETF by 4.3% during the third quarter. Prospera Financial Services Inc now owns 7,457 shares of the company’s stock valued at $412,000 after purchasing an additional 310 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its stake in shares of Invesco RAFI Strategic US ETF by 8.4% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 4,202 shares of the company’s stock worth $240,000 after buying an additional 325 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in shares of Invesco RAFI Strategic US ETF by 5.8% during the second quarter. Stratos Wealth Partners LTD. now owns 7,428 shares of the company’s stock valued at $383,000 after acquiring an additional 406 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new position in Invesco RAFI Strategic US ETF in the fourth quarter worth $25,000. Finally, Lighthouse Wealth Management Inc. raised its stake in shares of Invesco RAFI Strategic US ETF by 0.3% during the 4th quarter. Lighthouse Wealth Management Inc. now owns 169,898 shares of the company’s stock worth $9,711,000 after purchasing an additional 461 shares during the period.

Invesco RAFI Strategic US ETF Price Performance

Shares of IUS stock traded up $0.06 on Tuesday, reaching $59.37. 21,022 shares of the company were exchanged, compared to its average volume of 44,513. The company has a 50-day moving average of $57.65 and a 200-day moving average of $55.46. Invesco RAFI Strategic US ETF has a one year low of $42.97 and a one year high of $59.44. The company has a market cap of $720.16 million, a price-to-earnings ratio of 18.38 and a beta of 0.93.

Invesco RAFI Strategic US ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a $0.2108 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.84 annualized dividend and a yield of 1.4%.

Invesco RAFI Strategic US ETF Company Profile

The Invesco RAFI Strategic US ETF (IUS) is an exchange-traded fund that is based on the Invesco Strategic US index. The fund tracks an index of stocks from large US firms. The index determines firm size by fundamental metrics and also screens by quality metrics IUS was launched on Sep 12, 2018 and is managed by Invesco.