Short Interest in Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Grows By 46.4%

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 413,394 shares, an increase of 46.4% from the February 26th total of 282,334 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average trading volume of 262,155 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in PXF. Invesco Ltd. raised its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 2.9% in the second quarter. Invesco Ltd. now owns 4,588,907 shares of the company’s stock valued at $263,495,000 after buying an additional 130,557 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 44.8% during the 4th quarter. Bank of New York Mellon Corp now owns 1,204,516 shares of the company’s stock worth $78,950,000 after acquiring an additional 372,856 shares during the period. Bank of America Corp DE raised its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 6.0% in the 3rd quarter. Bank of America Corp DE now owns 937,059 shares of the company’s stock valued at $57,325,000 after acquiring an additional 53,267 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 444.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 794,407 shares of the company’s stock valued at $52,073,000 after acquiring an additional 648,623 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 8.6% during the 4th quarter. Wells Fargo & Company MN now owns 558,509 shares of the company’s stock valued at $36,607,000 after acquiring an additional 44,409 shares during the period.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Performance

NYSEARCA:PXF traded down $0.18 during mid-day trading on Friday, reaching $67.71. 140,242 shares of the company’s stock were exchanged, compared to its average volume of 160,102. Invesco RAFI Developed Markets ex-U.S. ETF has a one year low of $45.78 and a one year high of $76.36. The firm has a market capitalization of $2.37 billion, a PE ratio of 12.91 and a beta of 0.82. The business’s fifty day simple moving average is $71.40 and its two-hundred day simple moving average is $66.22.

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

The Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF) is an exchange-traded fund that is based on the FTSE RAFI Developed x US 1000 index. The fund tracks an index of 1,000 of the biggest companies in developed markets outside the US that are selected and weighted based on fundamental measures. PXF was launched on Jun 25, 2007 and is managed by Invesco.