Short Interest in Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) Expands By 24.3%

Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 175,500 shares, agrowthof24.3% from the July 15th total of 141,200 shares. Based on an average daily trading volume, of 28,900 shares, the days-to-cover ratio is currently 6.1 days. Approximately2.2% of the shares of the company are short sold. Approximately2.2% of the shares of the company are short sold. Based on an average daily trading volume, of 28,900 shares, the days-to-cover ratio is currently 6.1 days.

Institutional Investors Weigh In On Invesco Dorsey Wright SmallCap Momentum ETF

Large investors have recently bought and sold shares of the business. Bank of Montreal Can bought a new stake in Invesco Dorsey Wright SmallCap Momentum ETF in the 2nd quarter worth about $26,000. JPMorgan Chase & Co. boosted its position in Invesco Dorsey Wright 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 purchasing an additional 230 shares during the last quarter. Bessemer Group Inc. purchased a new position in Invesco Dorsey Wright SmallCap Momentum ETF in the second quarter worth about $37,000. Blue Trust Inc. purchased a new position in Invesco Dorsey Wright SmallCap Momentum ETF in the first quarter worth about $72,000. Finally, CoreCap Advisors LLC boosted its position in Invesco Dorsey Wright SmallCap Momentum ETF by 26.8% in the fourth quarter. CoreCap Advisors LLC now owns 1,023 shares of the company’s stock worth $93,000 after purchasing an additional 216 shares during the last quarter.

Invesco Dorsey Wright SmallCap Momentum ETF Stock Performance

NASDAQ DWAS opened at $89.32 on Friday. Invesco Dorsey Wright SmallCap Momentum ETF has a one year low of $66.94 and a one year high of $104.46. The stock has a 50-day moving average of $84.93 and a 200 day moving average of $82.16. The company has a market capitalization of $697.59 million, a price-to-earnings ratio of 17.65 and a beta of 1.14.

Invesco Dorsey Wright SmallCap Momentum ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date was Monday, June 23rd.

Invesco Dorsey Wright 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.