Invesco RAFI Strategic US ETF (NASDAQ:IUS) Short Interest Update

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totalling 39,200 shares, a drop of 5.5% from the August 15th total of 41,500 shares. Based on an average daily trading volume, of 67,200 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of Invesco RAFI Strategic US ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Principal Securities Inc. bought a new position in shares of Invesco RAFI Strategic US ETF in the 4th quarter valued at about $43,000. CWM LLC bought a new position in Invesco RAFI Strategic US ETF in the second quarter valued at approximately $90,000. Centaurus Financial Inc. bought a new position in Invesco RAFI Strategic US ETF in the fourth quarter valued at approximately $103,000. Advisors Preferred LLC acquired a new position in shares of Invesco RAFI Strategic US ETF during the 1st quarter worth approximately $193,000. Finally, Davies Financial Advisors Inc. bought a new stake in shares of Invesco RAFI Strategic US ETF during the 2nd quarter worth approximately $239,000.

Invesco RAFI Strategic US ETF Stock Performance

NASDAQ IUS opened at $50.06 on Friday. Invesco RAFI Strategic US ETF has a 52 week low of $38.00 and a 52 week high of $50.17. The stock’s 50 day moving average price is $48.44 and its two-hundred day moving average price is $47.37. The stock has a market capitalization of $539.65 million, a price-to-earnings ratio of 19.85 and a beta of 0.96.

Invesco RAFI Strategic US ETF Company Profile

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.