Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Short Interest Update

Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 19,094 shares, a drop of 57.0% from the July 30th total of 44,395 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 120,918 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Invesco Russell 1000 Dynamic Multifactor ETF

Several large investors have recently made changes to their positions in OMFL. Ashton Thomas Securities LLC raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 4.3% during the first quarter. Ashton Thomas Securities LLC now owns 390,020 shares of the company’s stock valued at $23,448,000 after acquiring an additional 16,008 shares in the last quarter. RFG Advisory LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter worth approximately $8,152,000. Curry Webb Wealth Management LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter worth approximately $16,619,000. MGO One Seven LLC increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 20.0% during the 4th quarter. MGO One Seven LLC now owns 75,484 shares of the company’s stock worth $4,614,000 after purchasing an additional 12,577 shares during the last quarter. Finally, Private Advisor Group LLC raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 10.8% during the 1st quarter. Private Advisor Group LLC now owns 260,367 shares of the company’s stock valued at $15,653,000 after purchasing an additional 25,384 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of OMFL stock opened at $70.90 on Friday. Invesco Russell 1000 Dynamic Multifactor ETF has a fifty-two week low of $57.12 and a fifty-two week high of $71.51. The stock’s 50-day moving average is $69.48 and its two-hundred day moving average is $66.24. The firm has a market cap of $6.08 billion, a P/E ratio of 27.32 and a beta of 1.02.

About Invesco Russell 1000 Dynamic Multifactor ETF

The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks selected by a combination of five investment factors, which are weighted based on current macroeconomic conditions. OMFL was launched on Nov 8, 2017 and is managed by Invesco.