Short Interest in Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) Decreases By 51.3%

Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 20,192 shares, a decline of 51.3% from the April 30th total of 41,482 shares. Based on an average daily volume of 123,862 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Invesco International Developed Dynamic Multifactor ETF Trading Down 0.2%

BATS:IMFL traded down $0.08 during trading hours on Wednesday, hitting $34.80. 13,204 shares of the stock traded hands, compared to its average volume of 135,593. The firm has a 50 day moving average price of $33.01 and a 200 day moving average price of $31.80. Invesco International Developed Dynamic Multifactor ETF has a fifty-two week low of $26.29 and a fifty-two week high of $36.28. The firm has a market cap of $722.10 million, a price-to-earnings ratio of 19.09 and a beta of 0.77.

Institutional Trading of Invesco International Developed Dynamic Multifactor ETF

Several large investors have recently added to or reduced their stakes in the company. VestGen Advisors LLC raised its stake 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 valued at $231,000 after purchasing an additional 303 shares during the period. Alteri Wealth LLC raised its stake 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 valued at $534,000 after purchasing an additional 552 shares during the period. Cetera Investment Advisers raised its stake in Invesco International Developed Dynamic Multifactor ETF by 4.1% during the 2nd quarter. Cetera Investment Advisers now owns 16,934 shares of the company’s stock valued at $469,000 after purchasing an additional 660 shares during the period. Simplicity Wealth LLC raised its stake in Invesco International Developed Dynamic Multifactor ETF by 8.1% during the 1st quarter. Simplicity Wealth LLC now owns 9,448 shares of the company’s stock valued at $299,000 after purchasing an additional 707 shares during the period. Finally, IFG Advisory LLC raised its stake in Invesco International Developed Dynamic Multifactor ETF by 12.9% during the 3rd quarter. IFG Advisory LLC now owns 9,033 shares of the company’s stock valued at $250,000 after purchasing an additional 1,035 shares during the period.

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.