Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) Sees Significant Decrease in Short Interest

Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) was the target of a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 4,700 shares, a decrease of 46.0% from the August 31st total of 8,700 shares. Based on an average daily volume of 65,800 shares, the short-interest ratio is currently 0.1 days.

Invesco DWA SmallCap Momentum ETF Price Performance

Shares of Invesco DWA SmallCap Momentum ETF stock traded up $0.13 during trading on Thursday, reaching $92.03. 36,720 shares of the stock traded hands, compared to its average volume of 55,128. Invesco DWA SmallCap Momentum ETF has a 52-week low of $68.44 and a 52-week high of $95.04. The business has a fifty day simple moving average of $89.57 and a two-hundred day simple moving average of $87.91. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 12.01 and a beta of 1.14.

Institutional Trading of Invesco DWA SmallCap Momentum ETF

A number of large investors have recently added to or reduced their stakes in DWAS. Advisory Services Network LLC bought a new stake in Invesco DWA SmallCap Momentum ETF during the fourth quarter worth approximately $174,000. Focus Financial Network Inc. ADV bought a new position in shares of Invesco DWA SmallCap Momentum ETF during the 4th quarter valued at approximately $354,000. Scotia Capital Inc. raised its holdings in Invesco DWA SmallCap Momentum ETF by 6.4% during the 4th quarter. Scotia Capital Inc. now owns 3,557 shares of the company’s stock valued at $298,000 after buying an additional 215 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in Invesco DWA SmallCap Momentum ETF by 9.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 5,566,982 shares of the company’s stock worth $506,094,000 after buying an additional 466,332 shares during the last quarter. Finally, Synergy Asset Management LLC purchased a new position in Invesco DWA SmallCap Momentum ETF during the first quarter worth $370,000.

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.