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

Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 22,316 shares, a drop of 79.4% from the August 31st total of 108,539 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 45,248 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Waycross Investment Management Co purchased a new position in Invesco International Developed Dynamic Multifactor ETF during the 2nd quarter worth approximately $25,489,000. Private Advisor Group LLC grew its position in Invesco International Developed Dynamic Multifactor ETF by 22.3% during the 1st quarter. Private Advisor Group LLC now owns 457,060 shares of the company’s stock worth $14,461,000 after purchasing an additional 83,423 shares during the period. Concurrent Investment Advisors LLC raised its stake in shares of Invesco International Developed Dynamic Multifactor ETF by 40.9% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 419,152 shares of the company’s stock valued at $14,394,000 after buying an additional 121,587 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Invesco International Developed Dynamic Multifactor ETF by 6.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 374,081 shares of the company’s stock valued at $11,836,000 after buying an additional 23,513 shares during the last quarter. Finally, Curry Webb Wealth Management LLC acquired a new position in shares of Invesco International Developed Dynamic Multifactor ETF in the 1st quarter valued at about $6,311,000.

Invesco International Developed Dynamic Multifactor ETF Trading Up 0.5%

Shares of Invesco International Developed Dynamic Multifactor ETF stock opened at $33.88 on Friday. The firm’s 50 day simple moving average is $34.46 and its two-hundred day simple moving average is $33.73. The firm has a market capitalization of $703.01 million, a price-to-earnings ratio of 19.09 and a beta of 0.77. Invesco International Developed Dynamic Multifactor ETF has a 12-month low of $27.14 and a 12-month high of $36.28.

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.