AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Short Interest Update

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 67 shares, a drop of 88.9% from the April 15th total of 603 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,998 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. bought a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the 2nd quarter valued at about $141,000. Private Advisory Group LLC bought a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the 3rd quarter valued at about $224,000. Logan Capital Management Inc. bought a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the 4th quarter valued at about $434,000. Commonwealth Equity Services LLC grew its position in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 4.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 9,471 shares of the company’s stock valued at $513,000 after acquiring an additional 375 shares during the period. Finally, MML Investors Services LLC grew its position in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 21.7% in the 4th quarter. MML Investors Services LLC now owns 32,283 shares of the company’s stock valued at $1,750,000 after acquiring an additional 5,767 shares during the period.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Performance

AdvisorShares Dorsey Wright FSM US Core ETF stock traded down $0.33 during mid-day trading on Tuesday, reaching $59.42. The company’s stock had a trading volume of 1,891 shares, compared to its average volume of 1,712. The company has a market capitalization of $125.97 million, a price-to-earnings ratio of 27.28 and a beta of 1.00. AdvisorShares Dorsey Wright FSM US Core ETF has a 12 month low of $48.90 and a 12 month high of $59.75. The business’s 50 day simple moving average is $53.90 and its 200 day simple moving average is $54.26.

AdvisorShares Dorsey Wright FSM US Core ETF Company Profile

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.