Short Interest in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Grows By 15.2%

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 7,600 shares, an increase of 15.2% from the October 31st total of 6,600 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is presently 6.3 days.

Institutional Trading of AdvisorShares Dorsey Wright FSM US Core ETF

A hedge fund recently bought a new stake in AdvisorShares Dorsey Wright FSM US Core ETF stock. Private Advisory Group LLC acquired a new stake in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 4,767 shares of the company’s stock, valued at approximately $225,000. Private Advisory Group LLC owned about 0.20% of AdvisorShares Dorsey Wright FSM US Core ETF at the end of the most recent quarter.

AdvisorShares Dorsey Wright FSM US Core ETF Price Performance

Shares of DWUS stock traded up $0.36 on Friday, hitting $49.95. The stock had a trading volume of 6 shares, compared to its average volume of 1,615. The company’s 50 day moving average price is $47.99 and its 200-day moving average price is $46.58. AdvisorShares Dorsey Wright FSM US Core ETF has a 1 year low of $37.99 and a 1 year high of $49.95. The firm has a market capitalization of $120.88 million, a P/E ratio of 24.31 and a beta of 0.96.

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.