Short Interest in Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) Declines By 93.8%

Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) saw a large decrease in short interest in June. As of June 30th, there was short interest totaling 8,243 shares, a decrease of 93.8% from the June 15th total of 131,985 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 50,418 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Invesco International Developed Dynamic Multifactor ETF

Hedge funds have recently bought and sold shares of the company. IFP Advisors Inc grew its stake in Invesco International Developed Dynamic Multifactor ETF by 498.5% in the 3rd quarter. IFP Advisors Inc now owns 3,160 shares of the company’s stock worth $87,000 after acquiring an additional 2,632 shares during the period. Osaic Holdings Inc. lifted its stake in shares of Invesco International Developed Dynamic Multifactor ETF by 58.1% during the 4th quarter. Osaic Holdings Inc. now owns 4,694 shares of the company’s stock worth $140,000 after purchasing an additional 1,725 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Invesco International Developed Dynamic Multifactor ETF during the 2nd quarter worth $135,000. Raymond James Financial Inc. acquired a new stake in shares of Invesco International Developed Dynamic Multifactor ETF during the second quarter worth $191,000. Finally, VestGen Advisors LLC boosted its holdings in shares of Invesco International Developed Dynamic Multifactor ETF by 4.1% during the fourth quarter. VestGen Advisors LLC now owns 7,756 shares of the company’s stock worth $231,000 after purchasing an additional 303 shares during the last quarter.

Invesco International Developed Dynamic Multifactor ETF Price Performance

Shares of Invesco International Developed Dynamic Multifactor ETF stock remained flat at $34.08 during mid-day trading on Friday. 52,214 shares of the company’s stock traded hands, compared to its average volume of 123,082. The company has a market cap of $707.16 million, a PE ratio of 19.09 and a beta of 0.77. Invesco International Developed Dynamic Multifactor ETF has a one year low of $26.54 and a one year high of $36.28. The stock has a fifty day moving average of $34.14 and a 200-day moving average of $32.83.

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.