Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) Short Interest Update

Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 4,100 shares, a decline of 61.3% from the February 28th total of 10,600 shares. Based on an average daily trading volume, of 77,900 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Invesco DWA SmallCap Momentum ETF Stock Down 2.6 %

Shares of DWAS stock traded down $2.04 on Friday, reaching $77.71. 86,822 shares of the stock were exchanged, compared to its average volume of 54,682. The stock has a market cap of $682.29 million, a P/E ratio of 17.99 and a beta of 1.14. The firm has a 50 day moving average of $87.05 and a two-hundred day moving average of $91.89. Invesco DWA SmallCap Momentum ETF has a 1-year low of $75.05 and a 1-year high of $104.46.

Invesco DWA SmallCap Momentum ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.0524 per share. The ex-dividend date is Monday, March 24th.

Hedge Funds Weigh In On Invesco DWA SmallCap Momentum ETF

A number of large investors have recently modified their holdings of the company. Cornerstone Planning Group LLC increased its position in Invesco DWA SmallCap Momentum ETF by 3.7% during the 4th quarter. Cornerstone Planning Group LLC now owns 3,728 shares of the company’s stock worth $339,000 after purchasing an additional 134 shares in the last quarter. Sanctuary Advisors LLC increased its position in shares of Invesco DWA SmallCap Momentum ETF by 0.4% in the fourth quarter. Sanctuary Advisors LLC now owns 39,564 shares of the company’s stock worth $3,713,000 after acquiring an additional 150 shares in the last quarter. CoreCap Advisors LLC increased its position in shares of Invesco DWA SmallCap Momentum ETF by 26.8% in the fourth quarter. CoreCap Advisors LLC now owns 1,023 shares of the company’s stock worth $93,000 after acquiring an additional 216 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Invesco DWA SmallCap Momentum ETF by 144.7% during the 4th quarter. JPMorgan Chase & Co. now owns 389 shares of the company’s stock valued at $36,000 after acquiring an additional 230 shares in the last quarter. Finally, Hemington Wealth Management lifted its holdings in shares of Invesco DWA SmallCap Momentum ETF by 34.5% during the 4th quarter. Hemington Wealth Management now owns 912 shares of the company’s stock valued at $83,000 after acquiring an additional 234 shares in the last quarter.

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.