Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) Shares Shorted: Short Interest Up 122.2% in October

Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) saw a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 14,078 shares, a growth of 122.2% from the October 15th total of 6,337 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 25,721 shares, the short-interest ratio is currently 0.5 days.

Invesco Russell 2000 Dynamic Multifactor ETF Price Performance

Shares of OMFS traded down $0.07 during mid-day trading on Friday, reaching $49.95. 5,223 shares of the company’s stock were exchanged, compared to its average volume of 13,086. The stock has a market capitalization of $267.23 million, a PE ratio of 17.14 and a beta of 1.00. The business’s fifty day simple moving average is $50.11 and its 200-day simple moving average is $50.02. Invesco Russell 2000 Dynamic Multifactor ETF has a 52-week low of $40.69 and a 52-week high of $54.19.

Hedge Funds Weigh In On Invesco Russell 2000 Dynamic Multifactor ETF

A number of large investors have recently made changes to their positions in OMFS. Citadel Advisors LLC purchased a new position in Invesco Russell 2000 Dynamic Multifactor ETF during the second quarter worth about $3,114,000. Allworth Financial LP boosted its stake in Invesco Russell 2000 Dynamic Multifactor ETF by 12,579.2% in the 2nd quarter. Allworth Financial LP now owns 25,612 shares of the company’s stock worth $1,366,000 after buying an additional 25,410 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Invesco Russell 2000 Dynamic Multifactor ETF by 1,735.7% in the 2nd quarter. NewEdge Advisors LLC now owns 91,787 shares of the company’s stock worth $4,896,000 after buying an additional 86,787 shares during the last quarter. Tassel Capital Management Inc. acquired a new stake in Invesco Russell 2000 Dynamic Multifactor ETF in the 2nd quarter worth about $1,060,000. Finally, Anchor Investment Management LLC purchased a new stake in Invesco Russell 2000 Dynamic Multifactor ETF in the 2nd quarter valued at about $1,120,000.

Invesco Russell 2000 Dynamic Multifactor ETF Company Profile

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.