Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Short Interest Down 12.6% in January

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) was the recipient of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 34,230 shares, a decrease of 12.6% from the January 15th total of 39,146 shares. Based on an average daily volume of 98,379 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 98,379 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Invesco RAFI Developed Markets ex-U.S. ETF

Hedge funds have recently bought and sold shares of the business. Birchwood Financial Partners Inc. acquired a new stake in Invesco RAFI Developed Markets ex-U.S. ETF during the fourth quarter worth about $466,000. Mercer Global Advisors Inc. ADV grew its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 21.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 39,719 shares of the company’s stock valued at $2,603,000 after buying an additional 6,907 shares during the period. EP Wealth Advisors LLC purchased a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the 4th quarter valued at approximately $677,000. Crusonia Wealth Advisors LLC acquired a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the 4th quarter worth approximately $1,427,000. Finally, Main Street Financial Solutions LLC purchased a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the 4th quarter valued at approximately $657,000.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Up 0.2%

Shares of PXF opened at $74.02 on Thursday. Invesco RAFI Developed Markets ex-U.S. ETF has a 52-week low of $45.78 and a 52-week high of $74.58. The stock has a market cap of $2.59 billion, a PE ratio of 12.91 and a beta of 0.82. The firm’s fifty day moving average is $68.54 and its two-hundred day moving average is $64.03.

About Invesco RAFI Developed Markets ex-U.S. ETF

The Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF) is an exchange-traded fund that is based on the FTSE RAFI Developed x US 1000 index. The fund tracks an index of 1,000 of the biggest companies in developed markets outside the US that are selected and weighted based on fundamental measures. PXF was launched on Jun 25, 2007 and is managed by Invesco.