Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Short Interest Up 326.8% in April

Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 203,416 shares, a growth of 326.8% from the April 15th total of 47,658 shares. Based on an average trading volume of 143,096 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.2% of the company’s stock are sold short.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 0.5%

Shares of BATS OMFL opened at $67.46 on Thursday. Invesco Russell 1000 Dynamic Multifactor ETF has a one year low of $54.94 and a one year high of $67.58. The firm has a market capitalization of $5.79 billion, a PE ratio of 27.32 and a beta of 1.02. The business has a 50-day moving average price of $63.04 and a two-hundred day moving average price of $62.10.

Institutional Investors Weigh In On Invesco Russell 1000 Dynamic Multifactor ETF

Institutional investors have recently bought and sold shares of the business. Ashton Thomas Securities LLC lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 138.8% during the 3rd quarter. Ashton Thomas Securities LLC now owns 362,846 shares of the company’s stock valued at $21,868,000 after buying an additional 210,910 shares during the last quarter. Concurrent Investment Advisors LLC lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 17.2% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 84,093 shares of the company’s stock valued at $5,067,000 after buying an additional 12,360 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,715,431 shares of the company’s stock valued at $163,632,000 after buying an additional 34,893 shares during the last quarter. Foguth Wealth Management LLC. acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth approximately $9,363,000. Finally, Sage Mountain Advisors LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 3rd quarter worth approximately $7,363,000.

Invesco Russell 1000 Dynamic Multifactor ETF Company Profile

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.