Short Interest in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Rises By 72.7%

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,900 shares, an increase of 72.7% from the February 28th total of 1,100 shares. Based on an average daily trading volume, of 2,700 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.1% of the shares of the company are sold short.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Performance

Shares of DWUS traded down $0.95 during mid-day trading on Friday, hitting $46.20. The company’s stock had a trading volume of 1,275 shares, compared to its average volume of 1,681. The stock’s 50-day moving average is $49.15 and its two-hundred day moving average is $48.51. The firm has a market capitalization of $109.03 million, a PE ratio of 25.58 and a beta of 0.96. AdvisorShares Dorsey Wright FSM US Core ETF has a one year low of $40.88 and a one year high of $51.79.

Institutional Trading of AdvisorShares Dorsey Wright FSM US Core ETF

An institutional investor recently bought a new position in AdvisorShares Dorsey Wright FSM US Core ETF stock. Virtus Wealth Solutions LLC bought a new stake in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,618,204 shares of the company’s stock, valued at approximately $77,819,000. AdvisorShares Dorsey Wright FSM US Core ETF accounts for approximately 18.3% of Virtus Wealth Solutions LLC’s holdings, making the stock its largest position. Virtus Wealth Solutions LLC owned about 68.57% of AdvisorShares Dorsey Wright FSM US Core ETF at the end of the most recent reporting period.

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.