Invesco RAFI Strategic US ETF (NASDAQ:IUS – Get Free Report) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 62,700 shares, an increase of 163.4% from the July 15th total of 23,800 shares. Based on an average daily trading volume, of 92,200 shares, the short-interest ratio is currently 0.7 days.
Invesco RAFI Strategic US ETF Stock Performance
Shares of NASDAQ:IUS traded up $0.65 during midday trading on Thursday, reaching $48.40. The company’s stock had a trading volume of 33,324 shares, compared to its average volume of 99,036. Invesco RAFI Strategic US ETF has a fifty-two week low of $38.00 and a fifty-two week high of $49.23. The firm has a 50 day moving average price of $47.68 and a two-hundred day moving average price of $46.64. The firm has a market capitalization of $521.75 million, a price-to-earnings ratio of 19.85 and a beta of 0.96.
Invesco RAFI Strategic US ETF Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were issued a dividend of $0.1768 per share. This represents a $0.71 dividend on an annualized basis and a dividend yield of 1.46%. This is a boost from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Monday, June 24th.
Institutional Trading of Invesco RAFI Strategic US ETF
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.
Featured Stories
- Five stocks we like better than Invesco RAFI Strategic US ETF
- Conference Calls and Individual Investors
- Michael Burry’s Alibaba Bet and the Broader Market Implications
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Jeff Brown’s Exegesis AI Stock Picks
- What Makes a Stock a Good Dividend Stock?
- Warren Buffett’s Bet: Why Berkshire Hathaway Bought Ulta Stock
Receive News & Ratings for Invesco RAFI Strategic US ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco RAFI Strategic US ETF and related companies with MarketBeat.com's FREE daily email newsletter.