Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Short Interest Update

Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 30,012 shares, an increase of 57.2% from the August 15th total of 19,094 shares. Based on an average daily trading volume, of 90,512 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 0.4%

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $69.14 on Thursday. The stock has a market cap of $5.93 billion, a P/E ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a twelve month low of $57.12 and a twelve month high of $71.51. The company’s 50-day moving average price is $69.94 and its two-hundred day moving average price is $66.90.

Hedge Funds Weigh In On Invesco Russell 1000 Dynamic Multifactor ETF

A number of large investors have recently made changes to their positions in OMFL. Bank of New York Mellon Corp boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 33.5% in the 1st quarter. Bank of New York Mellon Corp now owns 3,711,567 shares of the company’s stock valued at $223,139,000 after purchasing an additional 931,158 shares during the period. LPL Financial LLC lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 3.3% during the fourth quarter. LPL Financial LLC now owns 2,796,098 shares of the company’s stock worth $170,925,000 after buying an additional 89,003 shares in the last quarter. Citadel Advisors LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth $56,909,000. Arkadios Wealth Advisors boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 10.3% in the first quarter. Arkadios Wealth Advisors now owns 697,082 shares of the company’s stock valued at $41,909,000 after acquiring an additional 64,911 shares during the period. Finally, IHT Wealth Management LLC boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 5.4% in the fourth quarter. IHT Wealth Management LLC now owns 562,084 shares of the company’s stock valued at $34,360,000 after acquiring an additional 28,885 shares during the period.

About Invesco Russell 1000 Dynamic Multifactor ETF

The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks selected by a combination of five investment factors, which are weighted based on current macroeconomic conditions. OMFL was launched on Nov 8, 2017 and is managed by Invesco.