Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) Shares Shorted: Short Interest Up 897.7% in September

Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 9,079 shares, an increase of 897.7% from the August 31st total of 910 shares. Based on an average trading volume of 10,320 shares, the short-interest ratio is presently 0.9 days. Approximately 0.2% of the shares of the company are short sold.

Invesco Russell 2000 Dynamic Multifactor ETF Stock Up 0.3%

Invesco Russell 2000 Dynamic Multifactor ETF stock traded up $0.14 during mid-day trading on Friday, hitting $50.13. 10,938 shares of the company’s stock traded hands, compared to its average volume of 12,500. Invesco Russell 2000 Dynamic Multifactor ETF has a one year low of $40.69 and a one year high of $54.19. The company has a market cap of $296.77 million, a PE ratio of 20.13 and a beta of 1.07. The firm has a 50 day moving average price of $52.39 and a 200 day moving average price of $50.56.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Envestnet Asset Management Inc. lifted its position in Invesco Russell 2000 Dynamic Multifactor ETF by 621.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 166,998 shares of the company’s stock worth $8,908,000 after buying an additional 143,844 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 1,735.7% during the second quarter. NewEdge Advisors LLC now owns 91,787 shares of the company’s stock valued at $4,896,000 after purchasing an additional 86,787 shares during the last quarter. TD Waterhouse Canada Inc. acquired a new stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF in the second quarter valued at approximately $3,630,000. Citadel Advisors LLC bought a new position in Invesco Russell 2000 Dynamic Multifactor ETF in the 2nd quarter worth approximately $3,114,000. Finally, Integrated Wealth Concepts LLC bought a new position in Invesco Russell 2000 Dynamic Multifactor ETF in the 2nd quarter worth approximately $2,866,000.

Invesco Russell 2000 Dynamic Multifactor ETF Company Profile

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.