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

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) saw a large drop in short interest in the month of 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. Based on an average trading volume of 1,998 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

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 stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the 3rd quarter worth about $224,000. Logan Capital Management Inc. bought a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the 4th quarter worth about $434,000. Commonwealth Equity Services LLC boosted its holdings in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 4.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 9,471 shares of the company’s stock worth $513,000 after buying an additional 375 shares during the period. Finally, MML Investors Services LLC boosted its holdings in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 21.7% during the 4th 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 during the period.

AdvisorShares Dorsey Wright FSM US Core ETF Trading Down 0.6%

Shares of DWUS traded down $0.33 during midday trading on Tuesday, reaching $59.42. The stock had a trading volume of 1,891 shares, compared to its average volume of 1,712. The firm has a 50 day simple moving average of $53.90 and a 200-day simple moving average of $54.26. AdvisorShares Dorsey Wright FSM US Core ETF has a one year low of $48.90 and a one year high of $59.75. The firm has a market cap of $125.97 million, a PE ratio of 27.28 and a beta of 1.00.

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.