Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) Short Interest Update

Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 89,148 shares, an increase of 1,026.5% from the July 15th total of 7,914 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 92,326 shares, the short-interest ratio is presently 1.0 days.

Hedge Funds Weigh In On Invesco International Developed Dynamic Multifactor ETF

Large investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. acquired a new position in Invesco International Developed Dynamic Multifactor ETF in the second quarter worth about $135,000. Osaic Holdings Inc. raised its stake in Invesco International Developed Dynamic Multifactor ETF by 58.1% during the fourth quarter. Osaic Holdings Inc. now owns 4,694 shares of the company’s stock valued at $140,000 after buying an additional 1,725 shares in the last quarter. IFP Advisors Inc raised its stake in Invesco International Developed Dynamic Multifactor ETF by 55.5% during the fourth quarter. IFP Advisors Inc now owns 4,913 shares of the company’s stock valued at $146,000 after buying an additional 1,753 shares in the last quarter. Raymond James Financial Inc. bought a new position in Invesco International Developed Dynamic Multifactor ETF during the 2nd quarter worth approximately $191,000. Finally, VestGen Advisors LLC lifted its holdings in Invesco International Developed Dynamic Multifactor ETF by 4.1% during the 4th quarter. VestGen Advisors LLC now owns 7,756 shares of the company’s stock worth $231,000 after buying an additional 303 shares during the last quarter.

Invesco International Developed Dynamic Multifactor ETF Price Performance

IMFL opened at $34.64 on Wednesday. Invesco International Developed Dynamic Multifactor ETF has a 12-month low of $27.00 and a 12-month high of $36.28. The stock has a market capitalization of $718.78 million, a PE ratio of 19.09 and a beta of 0.77. The firm’s fifty day moving average price is $34.12 and its 200 day moving average price is $33.41.

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.