Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) Short Interest Down 66.8% in August

Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 910 shares, a decline of 66.8% from the August 15th total of 2,739 shares. Based on an average daily trading volume, of 7,094 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Invesco Russell 2000 Dynamic Multifactor ETF Stock Up 0.3%

OMFS stock opened at $51.55 on Friday. The firm has a market cap of $305.18 million, a PE ratio of 20.13 and a beta of 1.07. The business has a 50 day moving average of $52.86 and a 200-day moving average of $50.35. Invesco Russell 2000 Dynamic Multifactor ETF has a 12-month low of $40.69 and a 12-month high of $54.19.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of OMFS. LPL Financial LLC grew its position in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 57.0% during the 4th quarter. LPL Financial LLC now owns 787,710 shares of the company’s stock valued at $35,029,000 after acquiring an additional 286,014 shares during the period. NewEdge Advisors LLC increased its stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 1,735.7% during the 2nd quarter. NewEdge Advisors LLC now owns 91,787 shares of the company’s stock worth $4,896,000 after purchasing an additional 86,787 shares during the last quarter. TD Waterhouse Canada Inc. bought a new stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF in the 2nd quarter worth approximately $3,630,000. Citadel Advisors LLC bought a new stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF in the 2nd quarter worth approximately $3,114,000. Finally, UBS Group AG raised its holdings in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 137.0% in the 3rd quarter. UBS Group AG now owns 99,283 shares of the company’s stock worth $4,367,000 after purchasing an additional 57,390 shares during the period.

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.