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

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

Hedge Funds Weigh In On Invesco Dorsey Wright SmallCap Momentum ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC acquired a new position in shares of Invesco Dorsey Wright SmallCap Momentum ETF during the 2nd quarter worth approximately $25,000. IFP Advisors Inc grew its position in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 12.3% during the 2nd quarter. IFP Advisors Inc now owns 2,118 shares of the company’s stock worth $270,000 after purchasing an additional 232 shares in the last quarter. Waverly Advisors LLC increased its stake in Invesco Dorsey Wright SmallCap Momentum ETF by 4.5% during the 2nd quarter. Waverly Advisors LLC now owns 2,601 shares of the company’s stock worth $331,000 after acquiring an additional 113 shares during the period. SFG Wealth Management LLC. acquired a new position in Invesco Dorsey Wright SmallCap Momentum ETF in the second quarter valued at about $680,000. Finally, Cetera Investment Advisers lifted its position in 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 worth $1,825,000 after purchasing an additional 133 shares during the period.

Invesco Dorsey Wright SmallCap Momentum ETF Trading Down 1.0%

Shares of NASDAQ DWAS traded down $1.10 during mid-day trading on Tuesday, hitting $107.01. The company had a trading volume of 9,894 shares, compared to its average volume of 37,980. The firm has a 50-day simple moving average of $114.56 and a two-hundred day simple moving average of $111.48. The company has a market capitalization of $330.66 million, a PE ratio of 17.65 and a beta of 1.14. Invesco Dorsey Wright SmallCap Momentum ETF has a one year low of $88.62 and a one year high of $127.77.

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