AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Sees Significant Drop in Short Interest

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUSGet Free Report) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 4,500 shares, a decline of 22.4% from the December 31st total of 5,800 shares. Based on an average trading volume of 1,900 shares, the short-interest ratio is currently 2.4 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AdvisorShares Dorsey Wright FSM US Core ETF stock. Private Advisory Group LLC bought a new stake in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUSFree Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,767 shares of the company’s stock, valued at approximately $225,000. Private Advisory Group LLC owned approximately 0.20% of AdvisorShares Dorsey Wright FSM US Core ETF as of its most recent SEC filing.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Performance

Shares of NASDAQ DWUS traded up $0.10 during mid-day trading on Thursday, reaching $50.08. The company’s stock had a trading volume of 827 shares, compared to its average volume of 2,185. The stock has a market capitalization of $118.18 million, a P/E ratio of 24.31 and a beta of 0.96. AdvisorShares Dorsey Wright FSM US Core ETF has a 1-year low of $40.15 and a 1-year high of $51.10. The stock has a 50-day moving average of $49.30 and a two-hundred day moving average of $47.46.

AdvisorShares Dorsey Wright FSM US Core ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 23rd were paid a $0.0869 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

AdvisorShares Dorsey Wright FSM US Core ETF Company Profile

(Get Free Report)

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.

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