Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Stock Short Interest Climbs 195.6%

Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 52,700 shares, an increase of 195.6% from the September 15th total of 17,829 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 221,797 shares, the short-interest ratio is currently 0.2 days.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 0.1%

Shares of BATS:OMFL opened at $71.55 on Wednesday. The firm has a market cap of $6.14 billion, a P/E ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 12 month low of $57.12 and a 12 month high of $71.73. The company’s 50-day moving average price is $70.52 and its two-hundred day moving average price is $68.08.

Institutional Trading of Invesco Russell 1000 Dynamic Multifactor ETF

Several hedge funds have recently modified their holdings of the stock. Anchor Investment Management LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter valued at $27,000. Sound Income Strategies LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter valued at about $37,000. Parallel Advisors LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 28.6% in the first quarter. Parallel Advisors LLC now owns 720 shares of the company’s stock worth $43,000 after purchasing an additional 160 shares during the period. Frazier Financial Advisors LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 5,769.2% in the first quarter. Frazier Financial Advisors LLC now owns 763 shares of the company’s stock worth $46,000 after purchasing an additional 750 shares during the period. Finally, CoreCap Advisors LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 20.8% in the second quarter. CoreCap Advisors LLC now owns 911 shares of the company’s stock worth $62,000 after purchasing an additional 157 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.