Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) Short Interest Up 113.0% in October

Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) was the target of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 11,500 shares, an increase of 113.0% from the October 15th total of 5,400 shares. Based on an average daily trading volume, of 33,800 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in DWAS. FMR LLC lifted its holdings in Invesco DWA SmallCap Momentum ETF by 24.5% in the 3rd quarter. FMR LLC now owns 4,632 shares of the company’s stock worth $430,000 after buying an additional 913 shares during the period. Prospera Financial Services Inc raised its holdings in Invesco DWA SmallCap Momentum ETF by 4.6% in the 3rd quarter. Prospera Financial Services Inc now owns 28,685 shares of the company’s stock worth $2,664,000 after purchasing an additional 1,265 shares during the period. Cornerstone Planning Group LLC increased its stake in shares of Invesco DWA SmallCap Momentum ETF by 3.2% in the third quarter. Cornerstone Planning Group LLC now owns 3,594 shares of the company’s stock worth $335,000 after purchasing an additional 112 shares in the last quarter. 1900 Wealth Management LLC grew its holdings in Invesco DWA SmallCap Momentum ETF by 44.0% during the 3rd quarter. 1900 Wealth Management LLC now owns 16,247 shares of the company’s stock valued at $1,477,000 after buying an additional 4,965 shares in the last quarter. Finally, Atria Investments Inc boosted its stake in Invesco DWA SmallCap Momentum ETF by 4.5% during the third quarter. Atria Investments Inc now owns 36,721 shares of the company’s stock valued at $3,410,000 after buying an additional 1,587 shares during the last quarter.

Invesco DWA SmallCap Momentum ETF Price Performance

NASDAQ DWAS traded down $0.99 on Wednesday, reaching $100.41. The stock had a trading volume of 41,323 shares, compared to its average volume of 51,535. The company has a market cap of $1.07 billion, a P/E ratio of 12.01 and a beta of 1.14. The firm has a fifty day moving average of $92.85 and a two-hundred day moving average of $89.62. Invesco DWA SmallCap Momentum ETF has a 1-year low of $73.30 and a 1-year high of $104.03.

Invesco DWA 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.