Invesco RAFI Strategic US ETF (NASDAQ:IUS) Sees Significant Growth in Short Interest

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 58,100 shares, an increase of 135.2% from the March 31st total of 24,700 shares. Based on an average trading volume of 117,600 shares, the short-interest ratio is currently 0.5 days.

Invesco RAFI Strategic US ETF Stock Performance

NASDAQ IUS traded up $0.25 during trading on Friday, reaching $45.96. 86,524 shares of the company traded hands, compared to its average volume of 110,082. Invesco RAFI Strategic US ETF has a 1-year low of $37.58 and a 1-year high of $47.66. The company has a market cap of $507.86 million, a price-to-earnings ratio of 19.54 and a beta of 0.96. The stock’s 50 day moving average price is $46.19 and its two-hundred day moving average price is $43.46.

Invesco RAFI Strategic US ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a $0.174 dividend. This represents a $0.70 annualized dividend and a yield of 1.51%. The ex-dividend date was Monday, March 18th.

Institutional Trading of Invesco RAFI Strategic US ETF

A number of large investors have recently bought and sold shares of IUS. Anchor Investment Management LLC bought a new position in shares of Invesco RAFI Strategic US ETF in the fourth quarter valued at approximately $41,000. Principal Securities Inc. bought a new position in Invesco RAFI Strategic US ETF in the 4th quarter valued at $43,000. Global Retirement Partners LLC boosted its stake in Invesco RAFI Strategic US ETF by 64.4% in the third quarter. Global Retirement Partners LLC now owns 1,649 shares of the company’s stock worth $65,000 after purchasing an additional 646 shares in the last quarter. Centaurus Financial Inc. bought a new stake in shares of Invesco RAFI Strategic US ETF during the fourth quarter worth $103,000. Finally, Dynamic Advisor Solutions LLC acquired a new stake in shares of Invesco RAFI Strategic US ETF in the fourth quarter valued at $211,000.

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.