Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) Stock Short Interest Declines 48.3%

Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 3,329 shares, a drop of 48.3% from the August 31st total of 6,435 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 6,927 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Invesco Dorsey Wright SmallCap Momentum ETF

A number of institutional investors have recently bought and sold shares of DWAS. Integrated Wealth Concepts LLC bought a new position in shares of Invesco Dorsey Wright SmallCap Momentum ETF during the second quarter worth approximately $25,000. Global Assets Advisory LLC acquired a new stake in shares of Invesco Dorsey Wright SmallCap Momentum ETF in the first quarter valued at approximately $57,000. Sankala Group LLC acquired a new stake in shares of Invesco Dorsey Wright SmallCap Momentum ETF in the fourth quarter valued at approximately $124,000. IFP Advisors Inc boosted its stake in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 12.3% in the second quarter. IFP Advisors Inc now owns 2,118 shares of the company’s stock valued at $270,000 after buying an additional 232 shares during the period. Finally, Waverly Advisors LLC boosted its stake in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 4.5% in the second quarter. Waverly Advisors LLC now owns 2,601 shares of the company’s stock valued at $331,000 after buying an additional 113 shares during the period.

Invesco Dorsey Wright SmallCap Momentum ETF Stock Down 0.3%

Shares of DWAS traded down $0.31 during midday trading on Wednesday, reaching $108.42. 14,636 shares of the stock were exchanged, compared to its average volume of 36,153. The stock’s 50 day simple moving average is $112.63 and its 200 day simple moving average is $112.10. The company has a market cap of $408.75 million, a P/E ratio of 17.65 and a beta of 1.14. Invesco Dorsey Wright SmallCap Momentum ETF has a twelve month low of $88.62 and a twelve month high of $127.77.

Invesco Dorsey Wright SmallCap Momentum ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were given a dividend of $0.0354 per share. This represents a $0.14 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, September 21st.

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.