Invesco DWA SmallCap Momentum ETF Short Interest Ratio and Short Volume

Short interest is the volume of Invesco DWA SmallCap Momentum ETF shares that have been sold short but have not yet been closed out or covered. As of January 29th, investors have sold 8,200 shares of DWAS short.

Invesco DWA SmallCap Momentum ETF saw a decline in short interest in January. As of January 29th, there was short interest totaling 8,200 shares, a decline of 85.3% from the previous total of 55,800 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon Plc ($5.34 billion), Charter Communications, Inc. ($5.03 billion), ViacomCBS Inc. ($4.99 billion), DuPont de Nemours, Inc. ($4.72 billion), Analog Devices, Inc. ($4.57 billion), Snap Inc. ($3.87 billion), Moderna, Inc. ($3.58 billion), Futu Holdings Limited ($2.75 billion), Snowflake Inc. ($2.43 billion), and Palantir Technologies Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling DWAS is an investing strategy that aims to generate trading profit from Invesco DWA SmallCap Momentum ETF as its price is falling. Invesco DWA SmallCap Momentum ETF's stock is trading down $4.93 today. To short Invesco DWA SmallCap Momentum ETF stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that Invesco DWA SmallCap Momentum ETF will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Invesco DWA SmallCap Momentum ETF occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of DWAS, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including DWAS, twice per month. The most recent reporting period available is January, 29 2021.