Short Interest in Invesco RAFI Strategic Developed ex-US ETF (NASDAQ:ISDX) Drops By 56.7%

Invesco RAFI Strategic Developed ex-US ETF (NASDAQ:ISDX) was the target of a large decline in short interest in September. As of September 30th, there was short interest totalling 9,000 shares, a decline of 56.7% from the September 15th total of 20,800 shares. Based on an average daily volume of 7,400 shares, the days-to-cover ratio is presently 1.2 days.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Advisor Group Holdings Inc. increased its stake in Invesco RAFI Strategic Developed ex-US ETF by 88.7% during the 2nd quarter. Advisor Group Holdings Inc. now owns 1,155 shares of the company’s stock valued at $36,000 after purchasing an additional 543 shares in the last quarter. GHP Investment Advisors Inc. increased its stake in Invesco RAFI Strategic Developed ex-US ETF by 2.4% during the 1st quarter. GHP Investment Advisors Inc. now owns 97,496 shares of the company’s stock valued at $2,884,000 after purchasing an additional 2,288 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of Invesco RAFI Strategic Developed ex-US ETF in the 2nd quarter valued at $413,000. Finally, OLD Mission Capital LLC boosted its holdings in shares of Invesco RAFI Strategic Developed ex-US ETF by 223.7% in the 2nd quarter. OLD Mission Capital LLC now owns 120,994 shares of the company’s stock valued at $3,728,000 after acquiring an additional 83,611 shares during the last quarter.

NASDAQ ISDX opened at $30.44 on Thursday. The company has a 50 day moving average price of $30.70 and a 200 day moving average price of $30.80. Invesco RAFI Strategic Developed ex-US ETF has a 52 week low of $21.50 and a 52 week high of $32.28.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 30th. Investors of record on Tuesday, September 21st were paid a dividend of $0.308 per share. This represents a $1.23 annualized dividend and a dividend yield of 4.05%. The ex-dividend date of this dividend was Monday, September 20th. This is a positive change from Invesco RAFI Strategic Developed ex-US ETF’s previous quarterly dividend of $0.21.

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