Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS – Get Free Report) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 6,337 shares, a decline of 44.1% from the September 30th total of 11,329 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 15,642 shares, the short-interest ratio is presently 0.4 days.
Hedge Funds Weigh In On Invesco Russell 2000 Dynamic Multifactor ETF
Several institutional investors have recently modified their holdings of OMFS. United Community Bank bought a new stake in Invesco Russell 2000 Dynamic Multifactor ETF during the 2nd quarter valued at $117,000. Western Wealth Management LLC bought a new position in shares of Invesco Russell 2000 Dynamic Multifactor ETF in the first quarter valued at approximately $135,000. Richmond Investment Services LLC acquired a new position in shares of Invesco Russell 2000 Dynamic Multifactor ETF during the first quarter valued at approximately $203,000. IFP Advisors Inc bought a new stake in Invesco Russell 2000 Dynamic Multifactor ETF during the second quarter worth approximately $386,000. Finally, Capital Analysts LLC bought a new stake in Invesco Russell 2000 Dynamic Multifactor ETF during the second quarter worth approximately $492,000.
Invesco Russell 2000 Dynamic Multifactor ETF Price Performance
Shares of BATS OMFS opened at $49.78 on Monday. The stock’s 50 day moving average price is $50.66 and its two-hundred day moving average price is $49.89. Invesco Russell 2000 Dynamic Multifactor ETF has a 52-week low of $40.69 and a 52-week high of $54.19. The stock has a market capitalization of $294.70 million, a P/E ratio of 20.13 and a beta of 1.07.
About Invesco Russell 2000 Dynamic Multifactor ETF
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.
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