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:PXF) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 518,535 shares, a growth of 160.7% from the July 30th total of 198,921 shares. Based on an average daily trading volume, of 109,299 shares, the short-interest ratio is presently 4.7 days. Approximately 1.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in PXF. Root Financial Partners LLC grew its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 3.6% in the fourth quarter. Root Financial Partners LLC now owns 4,336 shares of the company’s stock valued at $284,000 after buying an additional 151 shares in the last quarter. Triumph Capital Management raised its position in Invesco RAFI Developed Markets ex-U.S. ETF by 21.5% during the second quarter. Triumph Capital Management now owns 1,182 shares of the company’s stock worth $89,000 after acquiring an additional 209 shares in the last quarter. Colonial River Investments LLC lifted its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 1.7% in the fourth quarter. Colonial River Investments LLC now owns 13,212 shares of the company’s stock valued at $866,000 after acquiring an additional 225 shares during the last quarter. Aptus Capital Advisors LLC lifted its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 8.7% in the fourth quarter. Aptus Capital Advisors LLC now owns 2,976 shares of the company’s stock valued at $195,000 after acquiring an additional 237 shares during the last quarter. Finally, Blair William & Co. IL grew its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 11.6% in the 4th quarter. Blair William & Co. IL now owns 2,428 shares of the company’s stock valued at $159,000 after acquiring an additional 252 shares during the period.

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

NYSEARCA:PXF traded down $0.06 on Friday, hitting $79.38. 95,523 shares of the company’s stock were exchanged, compared to its average volume of 120,333. The firm has a 50-day moving average price of $77.03 and a 200-day moving average price of $74.96. Invesco RAFI Developed Markets ex-U.S. ETF has a 52 week low of $59.31 and a 52 week high of $80.00. The company has a market cap of $2.98 billion, a P/E ratio of 12.91 and a beta of 0.74.

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.