Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) Short Interest Down 51.1% in May

Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 2,902 shares, a decrease of 51.1% from the April 30th total of 5,931 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 10,696 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Invesco Russell 2000 Dynamic Multifactor ETF

A number of institutional investors and hedge funds have recently bought and sold shares of OMFS. LPL Financial LLC increased its position in Invesco Russell 2000 Dynamic Multifactor ETF by 57.0% during the 4th quarter. LPL Financial LLC now owns 787,710 shares of the company’s stock worth $35,029,000 after purchasing an additional 286,014 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF during the 3rd quarter valued at about $2,692,000. UBS Group AG raised its holdings in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 137.0% during the 3rd quarter. UBS Group AG now owns 99,283 shares of the company’s stock valued at $4,367,000 after buying an additional 57,390 shares during the period. Royal Bank of Canada raised its holdings in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 332.2% during the 1st quarter. Royal Bank of Canada now owns 44,889 shares of the company’s stock valued at $1,705,000 after buying an additional 34,502 shares during the period. Finally, Hantz Financial Services Inc. raised its holdings in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 5.8% during the 4th quarter. Hantz Financial Services Inc. now owns 416,605 shares of the company’s stock valued at $18,526,000 after buying an additional 22,861 shares during the period.

Invesco Russell 2000 Dynamic Multifactor ETF Stock Performance

OMFS traded down $0.32 on Wednesday, reaching $50.46. 2,684 shares of the company’s stock were exchanged, compared to its average volume of 13,588. The company’s 50 day moving average is $48.60 and its 200-day moving average is $46.86. The company has a market cap of $298.72 million, a price-to-earnings ratio of 20.13 and a beta of 1.07. Invesco Russell 2000 Dynamic Multifactor ETF has a twelve month low of $38.79 and a twelve month high of $51.43.

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.