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) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 4,300 shares, an increase of 975.0% from the March 31st total of 400 shares. Based on an average trading volume of 2,300 shares, the short-interest ratio is presently 1.9 days.

AdvisorShares Dorsey Wright FSM US Core ETF Price Performance

DWUS stock opened at $42.06 on Friday. The company has a market capitalization of $100.11 million, a P/E ratio of 23.28 and a beta of 0.96. AdvisorShares Dorsey Wright FSM US Core ETF has a 12 month low of $32.81 and a 12 month high of $44.68. The firm’s fifty day simple moving average is $43.39 and its 200-day simple moving average is $40.37.

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.