Short Interest in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) Increases By 7.9%

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

Invesco DWA SmallCap Momentum ETF Stock Down 0.2 %

Shares of Invesco DWA SmallCap Momentum ETF stock traded down $0.17 on Tuesday, reaching $92.95. The company’s stock had a trading volume of 22,255 shares, compared to its average volume of 114,515. The company has a market capitalization of $816.10 million, a P/E ratio of 12.01 and a beta of 1.14. The stock has a 50-day moving average price of $92.80 and a 200-day moving average price of $93.21. Invesco DWA SmallCap Momentum ETF has a 52-week low of $79.36 and a 52-week high of $104.46.

Invesco DWA SmallCap Momentum ETF Increases Dividend

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

Hedge Funds Weigh In On Invesco DWA SmallCap Momentum ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Invesco DWA SmallCap Momentum ETF during the fourth quarter worth about $27,000. Farther Finance Advisors LLC acquired a new stake in Invesco DWA SmallCap Momentum ETF in the 4th quarter worth about $27,000. JPMorgan Chase & Co. increased its stake in Invesco DWA SmallCap Momentum ETF by 144.7% during the 4th quarter. JPMorgan Chase & Co. now owns 389 shares of the company’s stock worth $36,000 after buying an additional 230 shares in the last quarter. Jones Financial Companies Lllp acquired a new position in shares of Invesco DWA SmallCap Momentum ETF during the fourth quarter valued at approximately $40,000. Finally, Hemington Wealth Management lifted its position in shares of Invesco DWA SmallCap Momentum ETF by 34.5% in the fourth 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.

Invesco DWA SmallCap Momentum ETF Company Profile

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.