Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Sees Large Growth in Short Interest

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 2,135 shares, an increase of 368.2% from the January 29th total of 456 shares. Based on an average daily volume of 38,112 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 38,112 shares, the days-to-cover ratio is currently 0.1 days.

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

NYSEARCA PDN opened at $47.52 on Friday. The firm has a market capitalization of $401.54 million, a P/E ratio of 14.57 and a beta of 0.84. The stock has a 50-day simple moving average of $44.70 and a two-hundred day simple moving average of $42.35. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a fifty-two week low of $29.43 and a fifty-two week high of $47.72.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Invesco Ltd. increased its holdings in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 6.8% during the 4th quarter. Invesco Ltd. now owns 364,163 shares of the exchange traded fund’s stock valued at $15,363,000 after purchasing an additional 23,277 shares in the last quarter. Susquehanna International Group LLP grew its position 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 buying an additional 69,405 shares during the period. Captrust Financial Advisors increased its holdings in 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 buying an additional 2,206 shares in the last quarter. Jane Street Group LLC increased its holdings in 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 valued at $4,127,000 after buying an additional 74,345 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position 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.

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.