Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sees Significant Growth in Short Interest

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXFGet Free Report) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 204,859 shares, an increase of 294.5% from the June 30th total of 51,924 shares. Based on an average daily volume of 102,167 shares, the short-interest ratio is presently 2.0 days. Approximately 0.5% of the company’s stock are sold short.

Invesco RAFI Developed Markets ex-U.S. ETF Trading Up 0.4%

Shares of NYSEARCA PXF opened at $75.85 on Tuesday. The firm’s 50-day moving average price is $76.31 and its 200-day moving average price is $73.41. Invesco RAFI Developed Markets ex-U.S. ETF has a 1-year low of $56.81 and a 1-year high of $78.96. The firm has a market capitalization of $2.84 billion, a P/E ratio of 12.91 and a beta of 0.73.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. acquired a new stake in Invesco RAFI Developed Markets ex-U.S. ETF in the fourth quarter valued at approximately $26,000. Tidemark LLC acquired a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the fourth quarter worth approximately $27,000. Osbon Capital Management LLC acquired a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the fourth quarter worth approximately $27,000. International Assets Investment Management LLC bought a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the 1st quarter worth $38,000. Finally, Robinswood Financial LLC bought a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the 1st quarter worth $38,000.

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

(Get Free Report)

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.

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