Invesco RAFI Strategic US ETF (NASDAQ:IUS) Short Interest Down 73.5% in February

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the target of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 14,100 shares, a decrease of 73.5% from the January 31st total of 53,200 shares. Based on an average daily volume of 85,700 shares, the short-interest ratio is currently 0.2 days.

Invesco RAFI Strategic US ETF Price Performance

NASDAQ:IUS opened at $50.62 on Friday. Invesco RAFI Strategic US ETF has a 1 year low of $45.07 and a 1 year high of $52.38. The business has a fifty day simple moving average of $50.84 and a two-hundred day simple moving average of $50.41. The company has a market capitalization of $663.12 million, a P/E ratio of 20.58 and a beta of 0.96.

Invesco RAFI Strategic US ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.1968 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Invesco RAFI Strategic US ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. FMR LLC raised its holdings in Invesco RAFI Strategic US ETF by 46.0% during the 3rd quarter. FMR LLC now owns 962 shares of the company’s stock valued at $48,000 after acquiring an additional 303 shares during the period. Sigma Planning Corp bought a new position in Invesco RAFI Strategic US ETF in the 3rd quarter worth about $205,000. Wells Fargo & Company MN boosted its position in shares of Invesco RAFI Strategic US ETF by 417,900.0% during the 4th quarter. Wells Fargo & Company MN now owns 4,180 shares of the company’s stock valued at $208,000 after acquiring an additional 4,179 shares during the last quarter. Lokken Investment Group LLC purchased a new position in shares of Invesco RAFI Strategic US ETF during the fourth quarter worth about $248,000. Finally, Lifeworks Advisors LLC increased its position in shares of Invesco RAFI Strategic US ETF by 16.6% in the third quarter. Lifeworks Advisors LLC now owns 5,284 shares of the company’s stock worth $266,000 after purchasing an additional 752 shares during the last quarter.

About Invesco RAFI Strategic US ETF

The Invesco RAFI Strategic US ETF (IUS) is an exchange-traded fund that is based on the Invesco Strategic US index. The fund tracks an index of stocks from large US firms. The index determines firm size by fundamental metrics and also screens by quality metrics IUS was launched on Sep 12, 2018 and is managed by Invesco.