Short Interest in AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Grows By 88.3%

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 3,163 shares, an increase of 88.3% from the July 15th total of 1,680 shares. Based on an average daily trading volume, of 579 shares, the days-to-cover ratio is currently 5.5 days. Currently, 0.2% of the company’s stock are short sold.

AdvisorShares Dorsey Wright FSM All Cap World ETF Stock Performance

Shares of DWAW traded down $0.08 on Monday, hitting $51.62. 54 shares of the stock traded hands, compared to its average volume of 2,349. AdvisorShares Dorsey Wright FSM All Cap World ETF has a one year low of $41.23 and a one year high of $51.92. The company has a market capitalization of $94.98 million, a PE ratio of 24.84 and a beta of 1.03. The business has a 50 day simple moving average of $50.40 and a 200 day simple moving average of $47.70.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of DWAW. Susquehanna International Group LLP lifted its holdings in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF by 73.5% during the third quarter. Susquehanna International Group LLP now owns 11,381 shares of the company’s stock valued at $499,000 after purchasing an additional 4,820 shares in the last quarter. LPL Financial LLC raised its position in AdvisorShares Dorsey Wright FSM All Cap World ETF by 15.8% in the 4th quarter. LPL Financial LLC now owns 17,001 shares of the company’s stock worth $751,000 after buying an additional 2,318 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in AdvisorShares Dorsey Wright FSM All Cap World ETF in the 4th quarter worth about $89,000. MML Investors Services LLC lifted its stake in AdvisorShares Dorsey Wright FSM All Cap World ETF by 29.4% during the 4th quarter. MML Investors Services LLC now owns 26,542 shares of the company’s stock valued at $1,172,000 after acquiring an additional 6,036 shares during the period. Finally, Advisortrust Partners LLC bought a new position in AdvisorShares Dorsey Wright FSM All Cap World ETF during the 1st quarter valued at about $175,000.

About AdvisorShares Dorsey Wright FSM All Cap World ETF

The AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW) is an exchange-traded fund that is based on the FTSE Global All Cap index. The fund is an actively managed fund of funds that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation. DWAW was launched on Dec 26, 2019 and is managed by AdvisorShares.