Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS – Get Free Report) was the target of a large decline in short interest in August. As of August 31st, there was short interest totalling 8,700 shares, a decline of 66.3% from the August 15th total of 25,800 shares. Based on an average daily volume of 65,600 shares, the days-to-cover ratio is currently 0.1 days.
Invesco DWA SmallCap Momentum ETF Stock Performance
Shares of DWAS stock traded up $2.29 during trading on Friday, hitting $90.64. The company had a trading volume of 19,437 shares, compared to its average volume of 56,364. The stock’s 50-day moving average price is $89.03 and its 200 day moving average price is $87.80. Invesco DWA SmallCap Momentum ETF has a one year low of $68.44 and a one year high of $95.04. The firm has a market capitalization of $991.60 million, a P/E ratio of 12.01 and a beta of 1.14.
Invesco DWA SmallCap Momentum ETF Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were paid a $0.0821 dividend. This represents a $0.33 dividend on an annualized basis and a yield of 0.36%. The ex-dividend date was Monday, June 24th.
Institutional Investors Weigh In On Invesco DWA SmallCap Momentum ETF
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.
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