Short Interest in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Increases By 975.0%

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 4,300 shares, a growth of 975.0% from the March 31st total of 400 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is currently 1.9 days.

AdvisorShares Dorsey Wright FSM US Core ETF Trading Down 0.5 %

Shares of NASDAQ:DWUS traded down $0.21 during midday trading on Thursday, hitting $42.06. 3 shares of the stock were exchanged, compared to its average volume of 2,128. AdvisorShares Dorsey Wright FSM US Core ETF has a twelve month low of $32.81 and a twelve month high of $44.68. The stock has a market cap of $100.10 million, a P/E ratio of 23.28 and a beta of 0.96. The company has a 50 day moving average price of $43.40 and a 200-day moving average price of $40.35.

About AdvisorShares Dorsey Wright FSM US Core ETF

The AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) is an exchange-traded fund that is based on the S&P 500 Managed Risk 2.0 index. The fund is an actively managed fund of funds of US large-caps that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation. DWUS was launched on Dec 26, 2019 and is managed by AdvisorShares.