Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Short Interest Update

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 304,536 shares, a drop of 26.3% from the March 15th total of 413,394 shares. Based on an average daily trading volume, of 118,567 shares, the short-interest ratio is currently 2.6 days. Approximately 0.8% of the shares of the company are sold short.

Hedge Funds Weigh In On Invesco RAFI Developed Markets ex-U.S. ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Rockefeller Capital Management L.P. boosted its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 777.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 59,524 shares of the company’s stock worth $3,902,000 after purchasing an additional 52,743 shares in the last quarter. Osbon Capital Management LLC purchased a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the 4th quarter worth $27,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the 4th quarter worth $1,644,000. Targeted Financial Services LLC purchased a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the 4th quarter worth $856,000. Finally, Axxcess Wealth Management LLC boosted its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 62.0% during the 4th quarter. Axxcess Wealth Management LLC now owns 20,952 shares of the company’s stock worth $1,373,000 after purchasing an additional 8,019 shares in the last quarter.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Up 1.0%

NYSEARCA:PXF traded up $0.75 during midday trading on Friday, reaching $74.58. The stock had a trading volume of 121,595 shares, compared to its average volume of 153,277. The firm has a fifty day simple moving average of $71.96 and a two-hundred day simple moving average of $67.22. Invesco RAFI Developed Markets ex-U.S. ETF has a 12-month low of $50.87 and a 12-month high of $76.36. The stock has a market cap of $2.79 billion, a P/E ratio of 12.91 and a beta of 0.73.

Invesco RAFI Developed Markets ex-U.S. ETF Company Profile

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.