Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) Sees Large Decrease in Short Interest

Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 22,316 shares, a drop of 79.4% from the August 31st total of 108,539 shares. Based on an average daily trading volume, of 45,248 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Trading of Invesco International Developed Dynamic Multifactor ETF

Large investors have recently modified their holdings of the company. Alteri Wealth LLC increased its holdings in Invesco International Developed Dynamic Multifactor ETF by 3.2% during the 4th quarter. Alteri Wealth LLC now owns 17,930 shares of the company’s stock worth $534,000 after purchasing an additional 552 shares during the period. Simplicity Wealth LLC lifted its holdings in shares of Invesco International Developed Dynamic Multifactor ETF by 8.1% in the 1st quarter. Simplicity Wealth LLC now owns 9,448 shares of the company’s stock worth $299,000 after buying an additional 707 shares during the period. IFP Advisors Inc grew its position in shares of Invesco International Developed Dynamic Multifactor ETF by 13.5% during the 2nd quarter. IFP Advisors Inc now owns 6,779 shares of the company’s stock worth $233,000 after buying an additional 807 shares in the last quarter. Avestar Capital LLC grew its position in shares of Invesco International Developed Dynamic Multifactor ETF by 0.8% during the 4th quarter. Avestar Capital LLC now owns 175,235 shares of the company’s stock worth $5,220,000 after buying an additional 1,321 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in shares of Invesco International Developed Dynamic Multifactor ETF by 6.6% during the 1st quarter. Cetera Investment Advisers now owns 26,413 shares of the company’s stock worth $836,000 after buying an additional 1,635 shares in the last quarter.

Invesco International Developed Dynamic Multifactor ETF Price Performance

Invesco International Developed Dynamic Multifactor ETF stock opened at $33.88 on Friday. The stock has a market cap of $703.01 million, a price-to-earnings ratio of 19.09 and a beta of 0.77. The firm has a 50-day moving average of $34.46 and a two-hundred day moving average of $33.73. Invesco International Developed Dynamic Multifactor ETF has a 1 year low of $27.14 and a 1 year high of $36.28.

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.