Short Interest in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) Grows By 224.8%

Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 376,026 shares, a growth of 224.8% from the May 14th total of 115,767 shares. Based on an average daily trading volume, of 217,889 shares, the short-interest ratio is presently 1.7 days. Approximately 0.5% of the shares of the company are short sold.

Invesco RAFI Emerging Markets ETF Price Performance

PXH opened at $28.80 on Friday. Invesco RAFI Emerging Markets ETF has a fifty-two week low of $22.62 and a fifty-two week high of $30.11. The firm’s fifty day moving average price is $28.52 and its two-hundred day moving average price is $27.45. The company has a market capitalization of $1.97 billion, a P/E ratio of 10.43 and a beta of 0.55.

Institutional Investors Weigh In On Invesco RAFI Emerging Markets ETF

Institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. acquired a new stake in shares of Invesco RAFI Emerging Markets ETF in the 4th quarter valued at $25,000. CBIZ Investment Advisory Services LLC acquired a new stake in shares of Invesco RAFI Emerging Markets ETF in the 4th quarter valued at $26,000. Brown Brothers Harriman & Co. acquired a new stake in shares of Invesco RAFI Emerging Markets ETF in the 4th quarter valued at $27,000. Western Wealth Management LLC acquired a new stake in shares of Invesco RAFI Emerging Markets ETF in the 1st quarter valued at $32,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Invesco RAFI Emerging Markets ETF in the 3rd quarter valued at $36,000.

About Invesco RAFI Emerging Markets ETF

The Invesco FTSE RAFI Emerging Markets ETF (PXH) is an exchange-traded fund that is based on the FTSE RAFI Emerging index. The fund tracks an index of emerging market companies selected and weighted based on a fundamental methodology. PXH was launched on Sep 27, 2007 and is managed by Invesco.