Short Interest in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) Expands By 32.5%

Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 10,600 shares, an increase of 32.5% from the February 13th total of 8,000 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 76,200 shares, the short-interest ratio is currently 0.1 days.

Invesco DWA SmallCap Momentum ETF Trading Down 0.9 %

DWAS stock traded down $0.75 during mid-day trading on Tuesday, reaching $78.70. The company’s stock had a trading volume of 45,927 shares, compared to its average volume of 55,090. The stock has a market cap of $691.02 million, a PE ratio of 18.44 and a beta of 1.14. Invesco DWA SmallCap Momentum ETF has a fifty-two week low of $75.05 and a fifty-two week high of $104.46. The company’s 50 day moving average is $88.51 and its two-hundred day moving average is $92.39.

Invesco DWA SmallCap Momentum ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.0731 dividend. This is an increase from Invesco DWA SmallCap Momentum ETF’s previous dividend of $0.05. The ex-dividend date was Monday, December 23rd.

Institutional Trading of Invesco DWA SmallCap Momentum ETF

A number of hedge funds have recently bought and sold shares of DWAS. Wealth Enhancement Advisory Services LLC raised its holdings in Invesco DWA SmallCap Momentum ETF by 5.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,444,120 shares of the company’s stock valued at $588,284,000 after acquiring an additional 326,818 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Invesco DWA SmallCap Momentum ETF in the 4th quarter valued at approximately $24,961,000. Wells Fargo & Company MN grew its stake in shares of Invesco DWA SmallCap Momentum ETF by 13.3% in the 4th quarter. Wells Fargo & Company MN now owns 255,378 shares of the company’s stock valued at $23,313,000 after buying an additional 29,937 shares during the period. Vise Technologies Inc. grew its stake in shares of Invesco DWA SmallCap Momentum ETF by 507.3% in the 4th quarter. Vise Technologies Inc. now owns 33,778 shares of the company’s stock valued at $3,084,000 after buying an additional 28,216 shares during the period. Finally, Independent Advisor Alliance purchased a new stake in shares of Invesco DWA SmallCap Momentum ETF in the 4th quarter valued at approximately $1,958,000.

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.