Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) Shares Shorted: Short Interest Down 44.1% in October

Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 6,337 shares, a decrease of 44.1% from the September 30th total of 11,329 shares. Based on an average daily volume of 15,642 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Citadel Advisors LLC acquired a new stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF in the 2nd quarter valued at $3,114,000. Allworth Financial LP lifted its stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 12,579.2% during the second quarter. Allworth Financial LP now owns 25,612 shares of the company’s stock valued at $1,366,000 after acquiring an additional 25,410 shares during the period. NewEdge Advisors LLC lifted 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 acquiring an additional 86,787 shares during the period. Private Advisor Group LLC lifted its stake 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 during the period. Finally, Tassel Capital Management Inc. bought a new position in Invesco Russell 2000 Dynamic Multifactor ETF in the second quarter valued at about $1,060,000.

Invesco Russell 2000 Dynamic Multifactor ETF Trading Down 1.5%

Shares of Invesco Russell 2000 Dynamic Multifactor ETF stock traded down $0.77 during midday trading on Friday, reaching $49.78. The company had a trading volume of 148,943 shares, compared to its average volume of 13,370. The company has a market capitalization of $294.70 million, a price-to-earnings ratio of 20.13 and a beta of 1.07. The stock has a fifty day simple moving average of $50.66 and a 200 day simple moving average of $49.89. Invesco Russell 2000 Dynamic Multifactor ETF has a 1-year low of $40.69 and a 1-year high of $54.19.

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.