Invesco RAFI Strategic US ETF (NASDAQ:IUS) Sees Significant Decrease in Short Interest

Invesco RAFI Strategic US ETF (NASDAQ:IUS) saw a significant drop in short interest in February. As of February 15th, there was short interest totalling 14,100 shares, a drop of 73.5% from the January 31st total of 53,200 shares. Based on an average trading volume of 85,700 shares, the short-interest ratio is presently 0.2 days.

Invesco RAFI Strategic US ETF Stock Performance

IUS traded up $0.62 during trading on Friday, hitting $51.24. The stock had a trading volume of 107,282 shares, compared to its average volume of 107,033. The company has a market capitalization of $671.24 million, a PE ratio of 20.58 and a beta of 0.96. Invesco RAFI Strategic US ETF has a twelve month low of $45.07 and a twelve month high of $52.38. The stock has a 50 day simple moving average of $50.87 and a two-hundred day simple moving average of $50.46.

Invesco RAFI Strategic US ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.1968 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Invesco RAFI Strategic US ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. FMR LLC lifted its stake in shares of Invesco RAFI Strategic US ETF by 46.0% during the third quarter. FMR LLC now owns 962 shares of the company’s stock worth $48,000 after buying an additional 303 shares during the period. Sigma Planning Corp purchased a new position in shares of Invesco RAFI Strategic US ETF during the third quarter worth $205,000. Wells Fargo & Company MN raised its holdings in shares of Invesco RAFI Strategic US ETF by 417,900.0% during the fourth quarter. Wells Fargo & Company MN now owns 4,180 shares of the company’s stock worth $208,000 after purchasing an additional 4,179 shares during the last quarter. Lokken Investment Group LLC purchased a new position in shares of Invesco RAFI Strategic US ETF during the fourth quarter worth $248,000. Finally, Lifeworks Advisors LLC raised its holdings in shares of Invesco RAFI Strategic US ETF by 16.6% during the third quarter. Lifeworks Advisors LLC now owns 5,284 shares of the company’s stock worth $266,000 after purchasing an additional 752 shares during the last quarter.

Invesco RAFI Strategic US ETF Company Profile

The Invesco RAFI Strategic US ETF (IUS) is an exchange-traded fund that is based on the Invesco Strategic US index. The fund tracks an index of stocks from large US firms. The index determines firm size by fundamental metrics and also screens by quality metrics IUS was launched on Sep 12, 2018 and is managed by Invesco.