Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Short Interest Up 35.3% in February

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 2,888 shares, a growth of 35.3% from the February 12th total of 2,135 shares. Based on an average daily volume of 23,893 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 23,893 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Invesco Ltd. boosted its holdings in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 39.1% during the third quarter. Invesco Ltd. now owns 340,886 shares of the exchange traded fund’s stock worth $14,014,000 after purchasing an additional 95,859 shares during the last quarter. Jane Street Group LLC boosted its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 234.6% in the 2nd quarter. Jane Street Group LLC now owns 106,036 shares of the exchange traded fund’s stock worth $4,127,000 after buying an additional 74,345 shares during the last quarter. Susquehanna International Group LLP boosted its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 76.4% in the 3rd quarter. Susquehanna International Group LLP now owns 160,245 shares of the exchange traded fund’s stock worth $6,588,000 after buying an additional 69,405 shares during the last quarter. Crusonia Wealth Advisors LLC acquired a new position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the 4th quarter valued at about $1,562,000. Finally, Scotia Capital Inc. acquired a new position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the 3rd quarter valued at about $896,000.

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF Price Performance

NYSEARCA:PDN opened at $43.91 on Tuesday. The firm has a market cap of $371.04 million, a PE ratio of 14.57 and a beta of 0.84. The firm has a 50 day simple moving average of $45.22 and a 200-day simple moving average of $42.71. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a 1-year low of $29.43 and a 1-year high of $47.72.

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF Company Profile

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.