Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) Shares Shorted: Short Interest Down 92.4% in October

Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 48,956 shares, a decline of 92.4% from the September 30th total of 641,303 shares. Based on an average daily trading volume, of 44,889 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.2% of the company’s shares are sold short.

Invesco International Developed Dynamic Multifactor ETF Stock Up 0.5%

Invesco International Developed Dynamic Multifactor ETF stock traded up $0.15 during mid-day trading on Monday, hitting $33.44. The company had a trading volume of 38,546 shares, compared to its average volume of 102,951. The stock has a market cap of $693.88 million, a price-to-earnings ratio of 19.09 and a beta of 0.77. Invesco International Developed Dynamic Multifactor ETF has a 1 year low of $27.87 and a 1 year high of $36.28. The business has a fifty day moving average of $34.10 and a 200 day moving average of $33.98.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. United Community Bank acquired a new position in shares of Invesco International Developed Dynamic Multifactor ETF in the 2nd quarter valued at $189,000. IFP Advisors Inc lifted its position in Invesco International Developed Dynamic Multifactor ETF by 13.5% in the second quarter. IFP Advisors Inc now owns 6,779 shares of the company’s stock valued at $233,000 after acquiring an additional 807 shares during the last quarter. Simplicity Wealth LLC lifted its position in Invesco International Developed Dynamic Multifactor ETF by 8.1% in the first quarter. Simplicity Wealth LLC now owns 9,448 shares of the company’s stock valued at $299,000 after acquiring an additional 707 shares during the last quarter. Gill Capital Partners LLC purchased a new stake in Invesco International Developed Dynamic Multifactor ETF in the second quarter valued at $413,000. Finally, Kickstand Ventures LLC. acquired a new position in Invesco International Developed Dynamic Multifactor ETF in the second quarter valued at $557,000.

Invesco International Developed Dynamic Multifactor ETF Company Profile

The Invesco International Developed Dynamic Multifactor ETF (IMFL) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a developed market ex-US index that holds large- and some mid-cap equity securities based on multiple factors. Securities are selected depending on the stage in the economic cycle of the overall market. IMFL was launched on Feb 24, 2021 and is managed by Invesco.