Short Interest in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Rises By 124.5%

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 705 shares, a growth of 124.5% from the July 30th total of 314 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,460 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of AdvisorShares Dorsey Wright FSM US Core ETF

A number of hedge funds have recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the second quarter valued at approximately $141,000. Logan Capital Management Inc. bought a new position in AdvisorShares Dorsey Wright FSM US Core ETF in the fourth quarter worth $434,000. Commonwealth Equity Services LLC boosted its stake in AdvisorShares Dorsey Wright FSM US Core ETF by 4.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 9,471 shares of the company’s stock worth $513,000 after buying an additional 375 shares in the last quarter. MML Investors Services LLC boosted its stake in AdvisorShares Dorsey Wright FSM US Core ETF by 21.7% during the fourth quarter. MML Investors Services LLC now owns 32,283 shares of the company’s stock worth $1,750,000 after buying an additional 5,767 shares in the last quarter. Finally, Osaic Holdings Inc. increased its holdings in AdvisorShares Dorsey Wright FSM US Core ETF by 1.6% in the 4th quarter. Osaic Holdings Inc. now owns 410,508 shares of the company’s stock valued at $22,257,000 after buying an additional 6,421 shares during the period.

AdvisorShares Dorsey Wright FSM US Core ETF Price Performance

Shares of NASDAQ DWUS traded down $0.33 during mid-day trading on Friday, hitting $59.78. The company had a trading volume of 195 shares, compared to its average volume of 1,598. AdvisorShares Dorsey Wright FSM US Core ETF has a 12 month low of $49.38 and a 12 month high of $63.93. The firm has a market cap of $122.55 million, a P/E ratio of 27.28 and a beta of 1.01. The business’s 50-day simple moving average is $60.05 and its 200-day simple moving average is $57.44.

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.