Short Interest in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Rises By 88.8%

Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZGet Free Report) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 32,100 shares, an increase of 88.8% from the February 28th total of 17,000 shares. Based on an average daily trading volume, of 185,200 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Trading of Invesco FTSE RAFI US 1500 Small-Mid ETF

Hedge funds have recently bought and sold shares of the business. Cerity Partners LLC lifted its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 11.7% in the third quarter. Cerity Partners LLC now owns 134,945 shares of the company’s stock valued at $5,607,000 after buying an additional 14,123 shares in the last quarter. Private Trust Co. NA raised its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 73.0% in the 3rd quarter. Private Trust Co. NA now owns 995 shares of the company’s stock worth $41,000 after acquiring an additional 420 shares during the last quarter. D.A. Davidson & CO. lifted its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 63.5% in the 3rd quarter. D.A. Davidson & CO. now owns 20,279 shares of the company’s stock valued at $843,000 after acquiring an additional 7,878 shares in the last quarter. FMR LLC boosted its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 9.8% during the 3rd quarter. FMR LLC now owns 32,059 shares of the company’s stock valued at $1,332,000 after purchasing an additional 2,849 shares during the last quarter. Finally, HighTower Advisors LLC increased its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 3.2% during the 3rd quarter. HighTower Advisors LLC now owns 111,830 shares of the company’s stock worth $4,645,000 after purchasing an additional 3,434 shares in the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Trading Down 2.1 %

PRFZ stock traded down $0.82 during trading on Friday, reaching $37.94. 217,406 shares of the stock were exchanged, compared to its average volume of 189,149. The firm’s 50 day moving average is $40.96 and its 200 day moving average is $41.89. The firm has a market cap of $2.35 billion, a P/E ratio of 16.63 and a beta of 1.21. Invesco FTSE RAFI US 1500 Small-Mid ETF has a twelve month low of $36.12 and a twelve month high of $45.80.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be given a dividend of $0.0437 per share. The ex-dividend date is Monday, March 24th.

About Invesco FTSE RAFI US 1500 Small-Mid ETF

(Get Free Report)

The Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) is an exchange-traded fund that is based on the FTSE RAFI US 1500 index. The fund tracks a fundamentally-weighted index of 1,500 small- and mid-cap companies in the US that are selected using fundamental metrics. PRFZ was launched on Sep 20, 2006 and is managed by Invesco.

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