Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) Short Interest Down 44.3% in June

Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 1,929 shares, a decline of 44.3% from the May 31st total of 3,466 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 8,073 shares, the short-interest ratio is presently 0.2 days.

Invesco Russell 2000 Dynamic Multifactor ETF Stock Down 0.0%

Shares of OMFS opened at $53.33 on Thursday. The stock has a market cap of $315.71 million, a PE ratio of 20.13 and a beta of 1.07. Invesco Russell 2000 Dynamic Multifactor ETF has a 12-month low of $39.53 and a 12-month high of $53.69. The business has a 50-day simple moving average of $50.92 and a two-hundred day simple moving average of $48.11.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in OMFS. Flow Traders U.S. LLC bought a new position in Invesco Russell 2000 Dynamic Multifactor ETF in the 3rd quarter valued at approximately $2,692,000. Hantz Financial Services Inc. grew its holdings in 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 worth $18,526,000 after acquiring an additional 22,861 shares during the last quarter. Empirical Asset Management LLC grew its holdings in Invesco Russell 2000 Dynamic Multifactor ETF by 67.8% during the 4th quarter. Empirical Asset Management LLC now owns 34,999 shares of the company’s stock worth $1,556,000 after acquiring an additional 14,146 shares during the last quarter. Fortis Group Advisors LLC grew its holdings in Invesco Russell 2000 Dynamic Multifactor ETF by 10.7% during the 4th quarter. Fortis Group Advisors LLC now owns 15,499 shares of the company’s stock worth $728,000 after acquiring an additional 1,500 shares during the last quarter. Finally, MGO One Seven LLC increased its position in Invesco Russell 2000 Dynamic Multifactor ETF by 2.4% in the 4th quarter. MGO One Seven LLC now owns 16,523 shares of the company’s stock valued at $735,000 after acquiring an additional 387 shares during the period.

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.