Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Short Interest Up 46.7% in March

Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 47,100 shares, a growth of 46.7% from the March 15th total of 32,100 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 298,500 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Invesco FTSE RAFI US 1500 Small-Mid ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of PRFZ. Oarsman Capital Inc. bought a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 4th quarter valued at $32,000. Integrity Financial Corp WA bought a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the fourth quarter valued at about $32,000. Continuum Advisory LLC lifted its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 62.9% in the fourth quarter. Continuum Advisory LLC now owns 795 shares of the company’s stock worth $33,000 after buying an additional 307 shares in the last quarter. Tucker Asset Management LLC boosted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 60.3% in the fourth quarter. Tucker Asset Management LLC now owns 824 shares of the company’s stock valued at $34,000 after acquiring an additional 310 shares during the period. Finally, Brown Brothers Harriman & Co. bought a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF in the fourth quarter valued at approximately $35,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Performance

Shares of PRFZ stock opened at $35.28 on Friday. The company has a market cap of $2.26 billion, a PE ratio of 15.99 and a beta of 1.17. The stock’s fifty day moving average price is $38.41 and its two-hundred day moving average price is $41.24. Invesco FTSE RAFI US 1500 Small-Mid ETF has a fifty-two week low of $32.53 and a fifty-two week high of $45.80.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.0437 dividend. The ex-dividend date was Monday, March 24th.

Invesco FTSE RAFI US 1500 Small-Mid ETF Company Profile

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.