Short Interest in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Rises By 430.2%

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 456 shares, an increase of 430.2% from the January 15th total of 86 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 26,582 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 26,582 shares, the days-to-cover ratio is currently 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 Down 0.8%

NYSEARCA PDN traded down $0.39 on Thursday, reaching $46.63. 59,754 shares of the stock were exchanged, compared to its average volume of 30,809. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a one year low of $29.43 and a one year high of $47.29. The firm has a market capitalization of $394.02 million, a PE ratio of 14.57 and a beta of 0.84. The company’s 50-day simple moving average is $43.60 and its two-hundred day simple moving average is $41.76.

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

Several institutional investors and hedge funds have recently modified their holdings of PDN. Invesco Ltd. boosted its holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 39.1% in the 3rd quarter. Invesco Ltd. now owns 340,886 shares of the exchange traded fund’s stock worth $14,014,000 after buying an additional 95,859 shares during the period. Susquehanna International Group LLP raised its holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 76.4% during the third quarter. Susquehanna International Group LLP now owns 160,245 shares of the exchange traded fund’s stock valued at $6,588,000 after acquiring an additional 69,405 shares during the period. Captrust Financial Advisors lifted its position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 2.0% in the second quarter. Captrust Financial Advisors now owns 110,868 shares of the exchange traded fund’s stock valued at $4,315,000 after acquiring an additional 2,206 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 234.6% in the second quarter. Jane Street Group LLC now owns 106,036 shares of the exchange traded fund’s stock worth $4,127,000 after acquiring an additional 74,345 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 4.0% in the third quarter. Ameriprise Financial Inc. now owns 102,621 shares of the exchange traded fund’s stock worth $4,219,000 after acquiring an additional 3,967 shares during the period.

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.