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 large increase in short interest in October. As of October 30th, there was short interest totaling 14,078 shares, an increase of 122.2% from the October 15th total of 6,337 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 25,721 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On Invesco Russell 2000 Dynamic Multifactor ETF

Hedge funds have recently modified their holdings of the company. United Community Bank acquired a new stake in Invesco Russell 2000 Dynamic Multifactor ETF during the second quarter worth about $117,000. Western Wealth Management LLC acquired a new position in Invesco Russell 2000 Dynamic Multifactor ETF in the 1st quarter valued at about $135,000. IFP Advisors Inc purchased a new stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF in the 2nd quarter valued at approximately $386,000. Capital Analysts LLC purchased a new stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF in the 2nd quarter valued at approximately $492,000. Finally, Insight Wealth Partners LLC purchased a new stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF in the 2nd quarter valued at approximately $557,000.

Invesco Russell 2000 Dynamic Multifactor ETF Stock Down 0.1%

Shares of OMFS traded down $0.07 during midday trading on Friday, reaching $49.95. The company had a trading volume of 5,223 shares, compared to its average volume of 13,086. Invesco Russell 2000 Dynamic Multifactor ETF has a 1-year low of $40.69 and a 1-year high of $54.19. The firm has a 50 day simple moving average of $50.11 and a 200-day simple moving average of $50.02. The stock has a market cap of $267.23 million, a PE ratio of 17.14 and a beta of 1.00.

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.