Short Interest in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Drops By 11.6%

Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) saw a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 19,800 shares, a decrease of 11.6% from the January 31st total of 22,400 shares. Based on an average daily volume of 131,400 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Continuum Advisory LLC increased its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 62.9% during the 4th quarter. Continuum Advisory LLC now owns 795 shares of the company’s stock worth $33,000 after acquiring an additional 307 shares during the period. Two Sigma Investments LP increased its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 174.8% in the fourth quarter. Two Sigma Investments LP now owns 133,000 shares of the company’s stock worth $5,534,000 after purchasing an additional 84,600 shares during the period. Royal Bank of Canada increased its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 3.7% in the fourth quarter. Royal Bank of Canada now owns 691,179 shares of the company’s stock worth $28,760,000 after purchasing an additional 24,962 shares during the period. Quantinno Capital Management LP raised its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 4.8% in the fourth quarter. Quantinno Capital Management LP now owns 13,021 shares of the company’s stock valued at $542,000 after purchasing an additional 597 shares in the last quarter. Finally, Focus Partners Wealth lifted its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 1,505.5% during the fourth quarter. Focus Partners Wealth now owns 127,394 shares of the company’s stock worth $5,301,000 after purchasing an additional 119,459 shares during the period.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

NASDAQ PRFZ traded down $0.71 on Thursday, reaching $38.75. The stock had a trading volume of 164,737 shares, compared to its average volume of 185,222. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1-year low of $36.12 and a 1-year high of $45.80. The company has a market cap of $2.39 billion, a P/E ratio of 17.60 and a beta of 1.17. The firm has a fifty day moving average of $42.13 and a two-hundred day moving average of $42.15.

Invesco FTSE RAFI US 1500 Small-Mid ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.2305 dividend. The ex-dividend date was Monday, December 23rd.

About Invesco FTSE 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.