Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) Short Interest Update

Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 6,435 shares, a drop of 57.8% from the August 15th total of 15,264 shares. Based on an average daily trading volume, of 17,902 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Trading of Invesco Dorsey Wright SmallCap Momentum ETF

A number of institutional investors and hedge funds have recently bought and sold shares of DWAS. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 5,993.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 902,260 shares of the company’s stock valued at $87,312,000 after acquiring an additional 887,452 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Invesco Dorsey Wright SmallCap Momentum ETF by 900.0% during the 4th quarter. BNP Paribas Financial Markets now owns 100,000 shares of the company’s stock valued at $9,676,000 after purchasing an additional 90,000 shares during the last quarter. Vise Technologies Inc. increased its holdings in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 145.8% in the 4th quarter. Vise Technologies Inc. now owns 38,436 shares of the company’s stock worth $3,719,000 after purchasing an additional 22,797 shares in the last quarter. Biondo Investment Advisors LLC increased its holdings in Invesco Dorsey Wright SmallCap Momentum ETF by 3.0% in the 4th quarter. Biondo Investment Advisors LLC now owns 27,608 shares of the company’s stock worth $2,671,000 after buying an additional 807 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 0.7% during the first quarter. Cetera Investment Advisers now owns 18,534 shares of the company’s stock valued at $1,825,000 after purchasing an additional 133 shares during the last quarter.

Invesco Dorsey Wright SmallCap Momentum ETF Stock Down 1.8%

Shares of NASDAQ DWAS traded down $1.94 during trading on Monday, reaching $108.05. The company had a trading volume of 7,317 shares, compared to its average volume of 38,139. Invesco Dorsey Wright SmallCap Momentum ETF has a 12-month low of $88.62 and a 12-month high of $127.77. The business’s 50-day moving average is $114.83 and its 200 day moving average is $111.44. The stock has a market cap of $411.65 million, a PE ratio of 17.65 and a beta of 1.14.

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. DWAS was launched on Jul 19, 2012 and is managed by Invesco.