Short Interest in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Grows By 77.1%

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 61,225 shares, an increase of 77.1% from the February 12th total of 34,566 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 62,778 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 62,778 shares, the short-interest ratio is presently 1.0 days. Currently, 0.1% of the company’s shares are short sold.

Invesco RAFI US 1500 Small-Mid ETF Trading Down 0.4%

Shares of PRFZ opened at $45.49 on Friday. The stock’s 50-day moving average price is $48.21 and its two-hundred day moving average price is $46.51. Invesco RAFI US 1500 Small-Mid ETF has a 12 month low of $32.53 and a 12 month high of $50.09. The company has a market capitalization of $2.55 billion, a PE ratio of 18.02 and a beta of 1.11.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a $0.1144 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, December 22nd.

Institutional Trading of Invesco RAFI US 1500 Small-Mid ETF

Institutional investors have recently added to or reduced their stakes in the stock. Howe & Rusling Inc. increased its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 72.6% in the 3rd quarter. Howe & Rusling Inc. now owns 725 shares of the company’s stock valued at $33,000 after acquiring an additional 305 shares in the last quarter. Clearstead Trust LLC bought a new position in Invesco RAFI US 1500 Small-Mid ETF during the fourth quarter worth $45,000. Blue Trust Inc. acquired a new stake in Invesco RAFI US 1500 Small-Mid ETF in the third quarter worth $53,000. Palisade Asset Management LLC acquired a new stake in Invesco RAFI US 1500 Small-Mid ETF in the third quarter worth $69,000. Finally, Geneos Wealth Management Inc. increased its stake in Invesco RAFI US 1500 Small-Mid ETF by 47.7% in the second quarter. Geneos Wealth Management Inc. now owns 1,799 shares of the company’s stock valued at $73,000 after purchasing an additional 581 shares in the last quarter.

About Invesco 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.