Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) Sees Large Increase in Short Interest

Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) saw a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 4,100 shares, an increase of 7.9% from the January 15th total of 3,800 shares. Based on an average daily volume of 73,400 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. FMR LLC boosted its holdings in Invesco DWA SmallCap Momentum ETF by 24.5% in the 3rd quarter. FMR LLC now owns 4,632 shares of the company’s stock worth $430,000 after buying an additional 913 shares during the period. Creative Planning boosted its holdings in Invesco DWA SmallCap Momentum ETF by 12.1% in the 3rd quarter. Creative Planning now owns 3,704 shares of the company’s stock worth $344,000 after buying an additional 400 shares during the period. Stratos Wealth Partners LTD. boosted its holdings in Invesco DWA SmallCap Momentum ETF by 11.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 4,628 shares of the company’s stock worth $423,000 after buying an additional 477 shares during the period. Janney Montgomery Scott LLC boosted its holdings in Invesco DWA SmallCap Momentum ETF by 1.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 28,499 shares of the company’s stock worth $2,602,000 after buying an additional 517 shares during the period. Finally, KMG Fiduciary Partners LLC boosted its holdings in Invesco DWA SmallCap Momentum ETF by 407.0% in the 3rd quarter. KMG Fiduciary Partners LLC now owns 19,110 shares of the company’s stock worth $1,775,000 after buying an additional 15,341 shares during the period.

Invesco DWA SmallCap Momentum ETF Trading Down 0.2 %

Shares of DWAS stock traded down $0.17 during trading hours on Tuesday, hitting $92.95. 22,255 shares of the company were exchanged, compared to its average volume of 114,515. The firm has a fifty day simple moving average of $92.80 and a 200 day simple moving average of $93.21. Invesco DWA SmallCap Momentum ETF has a 52-week low of $79.36 and a 52-week high of $104.46. The stock has a market capitalization of $816.10 million, a price-to-earnings ratio of 12.01 and a beta of 1.14.

Invesco DWA SmallCap Momentum ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.0731 per share. The ex-dividend date was Monday, December 23rd. This is a positive change from Invesco DWA SmallCap Momentum ETF’s previous dividend of $0.05.

About Invesco DWA SmallCap Momentum ETF

The Invesco DWA SmallCap Momentum ETF (DWAS) is an exchange-traded fund that is based on the Dorsey Wright SmallCap Tech Leaders index. The fund tracks an index of 200 small-cap securities with the best relative strength indicators, these indicators are determined by Dorsey Wright’s proprietary methodology.