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

Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) was the recipient of a significant growth in short interest during the month of 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 presently 0.1 days.

Institutional Investors Weigh In On Invesco DWA SmallCap Momentum ETF

Large investors have recently bought and sold shares of the business. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Invesco DWA SmallCap Momentum ETF in the 4th quarter worth $27,000. Farther Finance Advisors LLC purchased a new position in Invesco DWA SmallCap Momentum ETF in the fourth quarter worth about $27,000. 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. Jones Financial Companies Lllp purchased a new stake in Invesco DWA SmallCap Momentum ETF during the fourth quarter valued at approximately $40,000. Finally, Hemington Wealth Management raised its position in Invesco DWA SmallCap Momentum ETF by 34.5% during the fourth quarter. Hemington Wealth Management now owns 912 shares of the company’s stock valued at $83,000 after purchasing an additional 234 shares during the period.

Invesco DWA SmallCap Momentum ETF Stock Down 0.2 %

Invesco DWA SmallCap Momentum ETF stock traded down $0.17 during midday trading on Tuesday, reaching $92.95. 22,255 shares of the stock traded hands, compared to its average volume of 114,515. The stock’s fifty day moving average is $92.80 and its 200-day moving average is $93.21. Invesco DWA SmallCap Momentum ETF has a 12 month low of $79.36 and a 12 month high of $104.46. The stock has a market cap of $816.10 million, a P/E ratio of 12.01 and a beta of 1.14.

Invesco DWA SmallCap Momentum ETF Increases Dividend

The firm also recently announced 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.

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.