Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) Short Interest Down 93.8% in June

Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 8,243 shares, a decline of 93.8% from the June 15th total of 131,985 shares. Based on an average trading volume of 50,418 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Invesco International Developed Dynamic Multifactor ETF Stock Performance

BATS:IMFL remained flat at $34.08 during trading hours on Friday. 52,214 shares of the company’s stock traded hands, compared to its average volume of 123,082. The firm has a market capitalization of $707.16 million, a price-to-earnings ratio of 19.09 and a beta of 0.77. The business’s fifty day simple moving average is $34.17 and its 200 day simple moving average is $32.84. Invesco International Developed Dynamic Multifactor ETF has a 52 week low of $26.54 and a 52 week high of $36.28.

Institutional Trading of Invesco International Developed Dynamic Multifactor ETF

Hedge funds have recently made changes to their positions in the stock. Jones Financial Companies Lllp purchased a new position in Invesco International Developed Dynamic Multifactor ETF during the first quarter valued at approximately $261,000. Jane Street Group LLC acquired a new stake in shares of Invesco International Developed Dynamic Multifactor ETF during the 1st quarter valued at $3,546,000. Cetera Investment Advisers grew its holdings in shares of 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 acquiring an additional 660 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Invesco International Developed Dynamic Multifactor ETF during the 2nd quarter valued at $135,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Invesco International Developed Dynamic Multifactor ETF in the second quarter worth $191,000.

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.