Short Interest in Invesco RAFI Strategic US ETF (NASDAQ:IUS) Declines By 65.0%

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 53,200 shares, a drop of 65.0% from the January 15th total of 151,900 shares. Based on an average daily trading volume, of 90,700 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Invesco RAFI Strategic US ETF

A number of institutional investors have recently bought and sold shares of IUS. FMR LLC lifted its holdings in shares of Invesco RAFI Strategic US ETF by 46.0% in the 3rd quarter. FMR LLC now owns 962 shares of the company’s stock valued at $48,000 after purchasing an additional 303 shares during the last quarter. CWM LLC increased its position in Invesco RAFI Strategic US ETF by 49.7% in the 3rd quarter. CWM LLC now owns 2,827 shares of the company’s stock valued at $142,000 after acquiring an additional 938 shares during the period. Sigma Planning Corp acquired a new position in Invesco RAFI Strategic US ETF in the 3rd quarter valued at about $205,000. AllGen Financial Advisors Inc. acquired a new position in Invesco RAFI Strategic US ETF in the 3rd quarter valued at about $235,000. Finally, Lokken Investment Group LLC acquired a new position in Invesco RAFI Strategic US ETF in the 4th quarter valued at about $248,000.

Invesco RAFI Strategic US ETF Trading Down 0.4 %

IUS traded down $0.23 on Wednesday, hitting $51.21. 55,715 shares of the company were exchanged, compared to its average volume of 125,536. Invesco RAFI Strategic US ETF has a twelve month low of $44.12 and a twelve month high of $52.38. The company has a market cap of $670.85 million, a price-to-earnings ratio of 19.85 and a beta of 0.96. The firm has a 50-day moving average price of $50.80 and a two-hundred day moving average price of $50.11.

Invesco RAFI Strategic US ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.1968 per share. The ex-dividend date was Monday, December 23rd.

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.