Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Shares Shorted: Short Interest Up 81.3% in October

by · The Cerbat Gem

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF – Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 578,037 shares, an increase of 81.3% from the September 30th total of 318,838 shares. Approximately 1.5% of the shares of the company are short sold. Based on an average daily volume of 131,135 shares, the short-interest ratio is currently 4.4 days.

Hedge Funds Weigh In On Invesco RAFI Developed Markets ex-U.S. ETF

A number of hedge funds have recently made changes to their positions in PXF. Bank of America Corp DE boosted its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 7.5% during the 1st quarter. Bank of America Corp DE now owns 963,927 shares of the company’s stock valued at $67,379,000 after acquiring an additional 67,149 shares in the last quarter. Sanctuary Advisors LLC raised its position in Invesco RAFI Developed Markets ex-U.S. ETF by 4.7% in the first quarter. Sanctuary Advisors LLC now owns 579,402 shares of the company’s stock worth $40,500,000 after purchasing an additional 26,215 shares in the last quarter. Royal Bank of Canada lifted its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 82.1% during the first quarter. Royal Bank of Canada now owns 216,926 shares of the company’s stock worth $15,163,000 after purchasing an additional 97,806 shares during the period. Maltin Wealth Management Inc. lifted its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 3.7% during the third quarter. Maltin Wealth Management Inc. now owns 188,561 shares of the company’s stock worth $14,374,000 after purchasing an additional 6,734 shares during the period. Finally, Breakwater Capital Group lifted its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 10.0% during the third quarter. Breakwater Capital Group now owns 130,622 shares of the company’s stock worth $9,957,000 after purchasing an additional 11,922 shares during the period.

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

Shares of NYSEARCA PXF traded up $0.16 during trading hours on Monday, reaching $76.36. The stock had a trading volume of 65,063 shares, compared to its average volume of 123,023. The company has a market cap of $3.01 billion, a price-to-earnings ratio of 12.91 and a beta of 0.75. Invesco RAFI Developed Markets ex-U.S. ETF has a twelve month low of $60.93 and a twelve month high of $80.65. The business’s fifty day moving average is $77.65 and its two-hundred day moving average is $75.02.

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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