Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Short Interest Update

Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 30,012 shares, a growth of 57.2% from the August 15th total of 19,094 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 90,512 shares, the days-to-cover ratio is currently 0.3 days.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of OMFL opened at $69.69 on Friday. The company has a 50-day moving average of $69.96 and a 200 day moving average of $66.95. Invesco Russell 1000 Dynamic Multifactor ETF has a 1-year low of $57.12 and a 1-year high of $71.51. The firm has a market capitalization of $5.98 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02.

Institutional Trading of Invesco Russell 1000 Dynamic Multifactor ETF

A number of institutional investors have recently bought and sold shares of the stock. Anchor Investment Management LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter valued at approximately $27,000. Sound Income Strategies LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter valued at about $37,000. Parallel Advisors LLC raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 28.6% in the first quarter. Parallel Advisors LLC now owns 720 shares of the company’s stock worth $43,000 after purchasing an additional 160 shares during the last quarter. Frazier Financial Advisors LLC boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 5,769.2% in the first quarter. Frazier Financial Advisors LLC now owns 763 shares of the company’s stock valued at $46,000 after buying an additional 750 shares during the last quarter. Finally, CoreCap Advisors LLC increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 20.8% in the 2nd quarter. CoreCap Advisors LLC now owns 911 shares of the company’s stock worth $62,000 after buying an additional 157 shares during the period.

About Invesco Russell 1000 Dynamic Multifactor ETF

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.