Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Short Interest Update

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 30,157 shares, a growth of 383.3% from the May 14th total of 6,240 shares. Based on an average trading volume of 87,369 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

PRFZ stock opened at $51.08 on Thursday. Invesco RAFI US 1500 Small-Mid ETF has a fifty-two week low of $39.11 and a fifty-two week high of $52.50. The business’s 50 day moving average price is $50.04 and its two-hundred day moving average price is $48.27. The company has a market capitalization of $2.91 billion, a price-to-earnings ratio of 18.02 and a beta of 1.07.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a dividend of $0.1017 per share. The ex-dividend date was Monday, March 23rd. This represents a $0.41 dividend on an annualized basis and a dividend yield of 0.8%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Revolve Wealth Partners LLC bought a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF in the 4th quarter worth approximately $518,000. CW Advisors LLC bought a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF in the 2nd quarter worth approximately $283,000. Cerity Partners LLC boosted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 0.9% in the 2nd quarter. Cerity Partners LLC now owns 131,896 shares of the company’s stock worth $5,364,000 after purchasing an additional 1,197 shares in the last quarter. Peapack Gladstone Financial Corp boosted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 50.1% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 8,745 shares of the company’s stock worth $356,000 after purchasing an additional 2,920 shares in the last quarter. Finally, Diversify Advisory Services LLC boosted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 15.8% in the 2nd quarter. Diversify Advisory Services LLC now owns 41,166 shares of the company’s stock worth $1,763,000 after purchasing an additional 5,613 shares in the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Company Profile

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.