Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) Short Interest Down 51.1% in May

Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 2,902 shares, a decline of 51.1% from the April 30th total of 5,931 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 10,696 shares, the days-to-cover ratio is presently 0.3 days.

Invesco Russell 2000 Dynamic Multifactor ETF Trading Down 0.0%

Shares of Invesco Russell 2000 Dynamic Multifactor ETF stock opened at $50.88 on Monday. The company’s fifty day simple moving average is $48.49 and its two-hundred day simple moving average is $46.82. The company has a market cap of $301.21 million, a P/E ratio of 20.13 and a beta of 1.07. Invesco Russell 2000 Dynamic Multifactor ETF has a 12-month low of $38.79 and a 12-month high of $51.43.

Institutional Trading of Invesco Russell 2000 Dynamic Multifactor ETF

A number of hedge funds have recently modified their holdings of the business. Western Wealth Management LLC bought a new stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF during the 1st quarter valued at $135,000. Royal Bank of Canada increased its holdings in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 415.0% during the first quarter. Royal Bank of Canada now owns 22,206 shares of the company’s stock valued at $1,005,000 after acquiring an additional 17,894 shares in the last quarter. Richmond Investment Services LLC bought a new position in shares of Invesco Russell 2000 Dynamic Multifactor ETF during the first quarter valued at $203,000. Private Advisor Group LLC increased its holdings in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 133.6% during the first quarter. Private Advisor Group LLC now owns 19,920 shares of the company’s stock valued at $902,000 after acquiring an additional 11,391 shares in the last quarter. Finally, Ameriflex Group Inc. bought a new position in shares of Invesco Russell 2000 Dynamic Multifactor ETF during the fourth quarter valued at $49,000.

About Invesco Russell 2000 Dynamic Multifactor ETF

The Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap stocks selected by five investment factors, which are weighted based on current macroeconomic conditions. OMFS was launched on Nov 8, 2017 and is managed by Invesco.