Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Short Interest Up 294.5% in July

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) saw a large 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 trading volume, of 102,167 shares, the days-to-cover ratio is currently 2.0 days. Currently, 0.5% of the shares of the stock are sold short.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Performance

Shares of NYSEARCA:PXF traded up $0.33 during midday trading on Monday, reaching $75.85. 78,362 shares of the company’s stock were exchanged, compared to its average volume of 122,442. The company’s 50 day simple moving average is $76.31 and its two-hundred day simple moving average is $73.35. Invesco RAFI Developed Markets ex-U.S. ETF has a 12 month low of $56.81 and a 12 month high of $78.96. The firm has a market capitalization of $2.84 billion, a PE ratio of 12.91 and a beta of 0.73.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Brown Brothers Harriman & Co. acquired a new stake in Invesco RAFI Developed Markets ex-U.S. ETF during 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 in the 4th quarter worth approximately $27,000. Osbon Capital Management LLC acquired a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the 4th 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 during the 1st quarter worth approximately $38,000. Finally, Robinswood Financial LLC bought a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the 1st quarter worth approximately $38,000.

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.