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

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

Invesco International Developed Dynamic Multifactor ETF Price Performance

Shares of Invesco International Developed Dynamic Multifactor ETF stock traded up $0.12 during midday trading on Tuesday, hitting $34.64. The company had a trading volume of 39,936 shares, compared to its average volume of 115,792. Invesco International Developed Dynamic Multifactor ETF has a 1-year low of $27.00 and a 1-year high of $36.28. The business’s 50 day simple moving average is $34.12 and its two-hundred day simple moving average is $33.39. The stock has a market cap of $718.78 million, a PE ratio of 19.09 and a beta of 0.77.

Institutional Trading of Invesco International Developed Dynamic Multifactor ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IMFL. Private Advisor Group LLC lifted its stake in shares of Invesco International Developed Dynamic Multifactor ETF by 22.3% in the first quarter. Private Advisor Group LLC now owns 457,060 shares of the company’s stock valued at $14,461,000 after buying an additional 83,423 shares during the period. Geneos Wealth Management Inc. grew its position in Invesco International Developed Dynamic Multifactor ETF by 6.7% during the first quarter. Geneos Wealth Management Inc. now owns 374,081 shares of the company’s stock worth $11,836,000 after buying an additional 23,513 shares in the last quarter. Curry Webb Wealth Management LLC bought a new position in Invesco International Developed Dynamic Multifactor ETF during the first quarter valued at about $6,311,000. Concurrent Investment Advisors LLC increased its stake in Invesco International Developed Dynamic Multifactor ETF by 95.7% during the fourth quarter. Concurrent Investment Advisors LLC now owns 61,943 shares of the company’s stock valued at $1,845,000 after acquiring an additional 30,294 shares during the period. Finally, Cibc World Market Inc. increased its stake in Invesco International Developed Dynamic Multifactor ETF by 10.7% during the fourth quarter. Cibc World Market Inc. now owns 117,819 shares of the company’s stock valued at $3,510,000 after acquiring an additional 11,406 shares during the period.

About Invesco International Developed Dynamic Multifactor ETF

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.