AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Sees Large Increase in Short Interest

Posted by Doug Wharley on Sep 28th, 2024

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 11,800 shares, a growth of 107.0% from the August 31st total of 5,700 shares. Based on an average trading volume of 2,200 shares, the days-to-cover ratio is presently 5.4 days.

AdvisorShares Dorsey Wright FSM All Cap World ETF Stock Performance

Shares of NASDAQ:DWAW traded up $0.02 during trading on Friday, reaching $39.10. The stock had a trading volume of 342 shares, compared to its average volume of 2,498. The firm’s fifty day moving average is $37.79 and its 200 day moving average is $37.63. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 52 week low of $28.75 and a 52 week high of $40.69. The stock has a market cap of $80.55 million, a price-to-earnings ratio of 15.05 and a beta of 0.91.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in AdvisorShares Dorsey Wright FSM All Cap World ETF stock. Private Advisory Group LLC grew its holdings in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW – Free Report) by 3.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,606 shares of the company’s stock after purchasing an additional 297 shares during the quarter. Private Advisory Group LLC owned about 0.42% of AdvisorShares Dorsey Wright FSM All Cap World ETF worth $336,000 at the end of the most recent reporting period.

About AdvisorShares Dorsey Wright FSM All Cap World ETF

(Get Free Report)

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.