Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Short Interest Up 368.2% in February

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) saw a large increase in short interest in 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 trading volume of 38,112 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 38,112 shares, the short-interest ratio is presently 0.1 days.

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

PDN opened at $47.46 on Thursday. The company has a 50 day simple moving average of $44.49 and a two-hundred day simple moving average of $42.26. The firm has a market cap of $401.04 million, a P/E ratio of 14.57 and a beta of 0.84. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a 1-year low of $29.43 and a 1-year high of $47.52.

Hedge Funds Weigh In On Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF

Several large investors have recently made changes to their positions in the business. Kestra Advisory Services LLC bought a new position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the fourth quarter worth about $30,000. Root Financial Partners LLC purchased a new stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the 3rd quarter valued at approximately $33,000. Painted Porch Advisors LLC purchased a new stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the 3rd quarter valued at approximately $42,000. Farther Finance Advisors LLC raised its position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 374.0% during the fourth quarter. Farther Finance Advisors LLC now owns 1,256 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 991 shares during the last quarter. Finally, Bell Investment Advisors Inc lifted its holdings in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 69.8% in the second quarter. Bell Investment Advisors Inc now owns 2,323 shares of the exchange traded fund’s stock worth $90,000 after buying an additional 955 shares in the last quarter.

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.