Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Sees Large Increase in Short Interest

Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 15,200 shares, a growth of 74.7% from the March 31st total of 8,700 shares. Based on an average daily volume of 131,900 shares, the days-to-cover ratio is currently 0.1 days.

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

NASDAQ:PRFZ opened at $37.35 on Friday. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1 year low of $30.29 and a 1 year high of $39.52. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of 2.66 and a beta of 1.17. The stock has a 50-day moving average price of $37.88 and a two-hundred day moving average price of $35.82.

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. Investors of record on Tuesday, March 19th were given a dividend of $0.0861 per share. The ex-dividend date was Monday, March 18th. This represents a $0.34 annualized dividend and a yield of 0.92%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Barrett & Company Inc. boosted its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 403.4% in the 3rd quarter. Barrett & Company Inc. now owns 750 shares of the company’s stock valued at $25,000 after purchasing an additional 601 shares in the last quarter. EPG Wealth Management LLC boosted its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 401.2% during the 3rd quarter. EPG Wealth Management LLC now owns 847 shares of the company’s stock valued at $28,000 after purchasing an additional 678 shares during the last quarter. Baystate Wealth Management LLC boosted its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 403.5% in the 3rd quarter. Baystate Wealth Management LLC now owns 866 shares of the company’s stock worth $29,000 after buying an additional 694 shares during the last quarter. Stonebridge Capital Advisors LLC raised its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 400.5% in the 3rd quarter. Stonebridge Capital Advisors LLC now owns 951 shares of the company’s stock worth $31,000 after purchasing an additional 761 shares during the period. Finally, Tower Research Capital LLC TRC bought a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the 4th quarter valued at $31,000.

About Invesco FTSE RAFI US 1500 Small-Mid ETF

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.