Invesco RAFI Strategic US ETF (NASDAQ:IUS) Short Interest Up 190.0% in March

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 7,277 shares, an increase of 190.0% from the February 26th total of 2,509 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 50,962 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 50,962 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of Invesco RAFI Strategic US ETF

Several hedge funds and other institutional investors have recently modified their holdings of IUS. Flagship Harbor Advisors LLC bought a new position in shares of Invesco RAFI Strategic US ETF during the 4th quarter valued at $25,000. US Bancorp DE bought a new position in Invesco RAFI Strategic US ETF during the third quarter worth about $41,000. Root Financial Partners LLC acquired a new position in Invesco RAFI Strategic US ETF during the third quarter worth $60,000. Hughes Financial Services LLC lifted its holdings in Invesco RAFI Strategic US ETF by 58.1% during the 4th quarter. Hughes Financial Services LLC now owns 2,553 shares of the company’s stock valued at $146,000 after purchasing an additional 938 shares during the last quarter. Finally, Corient Private Wealth LLC acquired a new position in shares of Invesco RAFI Strategic US ETF in the 2nd quarter worth approximately $208,000.

Invesco RAFI Strategic US ETF Price Performance

NASDAQ IUS traded up $0.28 on Wednesday, reaching $58.22. The company had a trading volume of 25,254 shares, compared to its average volume of 44,604. Invesco RAFI Strategic US ETF has a 1 year low of $42.97 and a 1 year high of $60.94. The firm has a market capitalization of $710.28 million, a PE ratio of 18.38 and a beta of 0.93. The firm has a 50-day moving average of $59.47 and a 200-day moving average of $57.38.

Invesco RAFI Strategic US ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 23rd will be paid a $0.2147 dividend. The ex-dividend date is Monday, March 23rd. This is a positive change from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.21. This represents a $0.86 dividend on an annualized basis and a yield of 1.5%.

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.