Invesco RAFI Strategic US ETF (NASDAQ:IUS) Short Interest Update

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 23,400 shares, an increase of 67.1% from the September 30th total of 14,000 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 38,000 shares, the short-interest ratio is currently 0.6 days. Based on an average daily trading volume, of 38,000 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Investors Weigh In On Invesco RAFI Strategic US ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Highline Wealth Partners LLC purchased a new stake in Invesco RAFI Strategic US ETF in the second quarter valued at approximately $25,000. Root Financial Partners LLC acquired a new stake in Invesco RAFI Strategic US ETF during the 3rd quarter valued at approximately $60,000. Hughes Financial Services LLC purchased a new stake in shares of Invesco RAFI Strategic US ETF in the 1st quarter valued at $80,000. Corient Private Wealth LLC acquired a new stake in shares of Invesco RAFI Strategic US ETF in the second quarter worth $208,000. Finally, Betterment LLC purchased a new position in shares of Invesco RAFI Strategic US ETF during the second quarter worth $214,000.

Invesco RAFI Strategic US ETF Price Performance

Shares of IUS opened at $56.13 on Monday. The company’s fifty day moving average price is $55.02 and its 200-day moving average price is $52.16. Invesco RAFI Strategic US ETF has a 1-year low of $42.97 and a 1-year high of $56.89. The firm has a market capitalization of $680.86 million, a PE ratio of 18.38 and a beta of 0.93.

Invesco RAFI Strategic US ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were issued a $0.2136 dividend. This is a boost from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.21. This represents a $0.85 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Monday, September 22nd.

About Invesco RAFI Strategic US ETF

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.