Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) Short Interest Down 46.8% in April

Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 4,100 shares, a decrease of 46.8% from the March 31st total of 7,700 shares. Based on an average daily volume of 55,300 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of DWAS. KMG Fiduciary Partners LLC boosted its stake in Invesco DWA SmallCap Momentum ETF by 8.4% during the fourth quarter. KMG Fiduciary Partners LLC now owns 20,711 shares of the company’s stock worth $1,891,000 after buying an additional 1,601 shares during the period. Trueblood Wealth Management LLC lifted its position in shares of Invesco DWA SmallCap Momentum ETF by 8.0% during the fourth quarter. Trueblood Wealth Management LLC now owns 11,228 shares of the company’s stock worth $1,025,000 after purchasing an additional 828 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Invesco DWA SmallCap Momentum ETF by 1.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 28,499 shares of the company’s stock worth $2,602,000 after purchasing an additional 517 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Invesco DWA SmallCap Momentum ETF by 6.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 7,868 shares of the company’s stock worth $718,000 after purchasing an additional 465 shares in the last quarter. Finally, Financial Partners Group Inc lifted its position in shares of Invesco DWA SmallCap Momentum ETF by 27.9% during the fourth quarter. Financial Partners Group Inc now owns 22,445 shares of the company’s stock worth $2,049,000 after purchasing an additional 4,898 shares in the last quarter.

Invesco DWA SmallCap Momentum ETF Price Performance

Shares of DWAS stock opened at $76.59 on Tuesday. The firm has a market cap of $621.14 million, a PE ratio of 17.53 and a beta of 1.14. The company has a 50-day moving average of $77.82 and a two-hundred day moving average of $89.01. Invesco DWA SmallCap Momentum ETF has a 1-year low of $66.94 and a 1-year high of $104.46.

Invesco DWA SmallCap Momentum ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a dividend of $0.0524 per share. The ex-dividend date was Monday, March 24th.

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.