Short Interest in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) Rises By 95.1%

Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 8,000 shares, a growth of 95.1% from the January 31st total of 4,100 shares. Based on an average daily trading volume, of 72,200 shares, the short-interest ratio is presently 0.1 days.

Invesco DWA SmallCap Momentum ETF Stock Up 1.7 %

NASDAQ:DWAS traded up $1.43 during trading hours on Friday, hitting $85.19. 34,993 shares of the company’s stock traded hands, compared to its average volume of 99,402. The firm has a market cap of $747.97 million, a P/E ratio of 12.01 and a beta of 1.14. The business’s fifty day simple moving average is $91.58 and its two-hundred day simple moving average is $93.22. 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 firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.0731 per share. The ex-dividend date of this dividend was Monday, December 23rd. This is an increase from Invesco DWA SmallCap Momentum ETF’s previous dividend of $0.05.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of DWAS. Cornerstone Planning Group LLC lifted its position in Invesco DWA SmallCap Momentum ETF by 3.2% during the third quarter. Cornerstone Planning Group LLC now owns 3,594 shares of the company’s stock valued at $335,000 after purchasing an additional 112 shares during the last quarter. Sanctuary Advisors LLC raised its position in shares of Invesco DWA SmallCap Momentum ETF by 0.4% during the 4th quarter. Sanctuary Advisors LLC now owns 39,564 shares of the company’s stock valued at $3,713,000 after buying an additional 150 shares in the last quarter. CoreCap Advisors LLC lifted its holdings in shares of Invesco DWA SmallCap Momentum ETF by 26.8% during the 4th quarter. CoreCap Advisors LLC now owns 1,023 shares of the company’s stock worth $93,000 after acquiring an additional 216 shares during the last quarter. JPMorgan Chase & Co. grew its position in Invesco DWA SmallCap Momentum ETF by 144.7% in the fourth quarter. JPMorgan Chase & Co. now owns 389 shares of the company’s stock worth $36,000 after acquiring an additional 230 shares in the last quarter. Finally, Hemington Wealth Management increased its stake in 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 during 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.