AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Short Interest Down 23.6% in April

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totaling 16,711 shares, a drop of 23.6% from the March 31st total of 21,885 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average daily volume of 1,222 shares, the days-to-cover ratio is currently 13.7 days.

AdvisorShares Dorsey Wright FSM All Cap World ETF Stock Performance

DWAW traded up $0.89 during trading on Thursday, reaching $47.40. The company had a trading volume of 344 shares, compared to its average volume of 2,903. The firm’s 50-day simple moving average is $44.76 and its 200 day simple moving average is $44.55. The company has a market cap of $89.11 million, a price-to-earnings ratio of 24.84 and a beta of 1.01. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 12-month low of $37.87 and a 12-month high of $47.46.

Hedge Funds Weigh In On AdvisorShares Dorsey Wright FSM All Cap World ETF

A number of institutional investors have recently bought and sold shares of DWAW. Kestra Advisory Services LLC purchased a new position in AdvisorShares Dorsey Wright FSM All Cap World ETF during the 4th quarter valued at about $89,000. Private Advisory Group LLC grew its stake in AdvisorShares Dorsey Wright FSM All Cap World ETF by 5.8% during the 4th quarter. Private Advisory Group LLC now owns 10,021 shares of the company’s stock valued at $443,000 after acquiring an additional 553 shares in the last quarter. Susquehanna International Group LLP grew its stake in AdvisorShares Dorsey Wright FSM All Cap World ETF by 73.5% during the 3rd quarter. Susquehanna International Group LLP now owns 11,381 shares of the company’s stock valued at $499,000 after acquiring an additional 4,820 shares in the last quarter. LPL Financial LLC grew its stake in AdvisorShares Dorsey Wright FSM All Cap World ETF by 15.8% during the 4th quarter. LPL Financial LLC now owns 17,001 shares of the company’s stock valued at $751,000 after acquiring an additional 2,318 shares in the last quarter. Finally, MML Investors Services LLC grew its stake in AdvisorShares Dorsey Wright FSM All Cap World ETF by 29.4% during the 4th quarter. MML Investors Services LLC now owns 26,542 shares of the company’s stock valued at $1,172,000 after acquiring an additional 6,036 shares in the last quarter.

About AdvisorShares Dorsey Wright FSM All Cap World ETF

The AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW) is an exchange-traded fund that is based on the FTSE Global All Cap index. The fund is an actively managed fund of funds that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation. DWAW was launched on Dec 26, 2019 and is managed by AdvisorShares.