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Thursday's ETF with Unusual Volume: DWAS

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Shutterstock photo

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The PowerShares DWA SmallCap Momentum Portfolio ETF ( DWAS ) is seeing unusually high volume in afternoon trading Thursday, with over 265,000 shares traded versus three month average volume of about 29,000. Shares of DWAS were down about 0.6% on the day.

Components of that ETF with the highest volume on Thursday were AK Steel Holding ( AKS ), trading down about 3.8% with over 25.9 million shares changing hands so far this session, and Oclaro ( OCLR ), down about 1.5% on volume of over 3.4 million shares. Clovis Oncology ( CLVS ) is the component faring the best Thursday, higher by about 6.3% on the day, while World Acceptance ( WRLD ) is lagging other components of the PowerShares DWA SmallCap Momentum Portfolio ETF, trading lower by about 23.8%.

VIDEO: Thursday's ETF with Unusual Volume: DWAS

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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