AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX) Short Interest Update

AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 4,172,474 shares, an increase of 23.1% from the January 15th total of 3,389,590 shares. Currently, 33.5% of the company’s stock are short sold. Based on an average trading volume of 1,171,250 shares, the days-to-cover ratio is currently 3.6 days. Based on an average trading volume of 1,171,250 shares, the days-to-cover ratio is currently 3.6 days. Currently, 33.5% of the company’s stock are short sold.

Institutional Investors Weigh In On AdvisorShares MSOX 2X Daily ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. CIBC Private Wealth Group LLC acquired a new position in AdvisorShares MSOX 2X Daily ETF during the 3rd quarter valued at about $31,000. StoneX Group Inc. bought a new position in shares of AdvisorShares MSOX 2X Daily ETF in the second quarter valued at approximately $38,000. SG Americas Securities LLC purchased a new position in shares of AdvisorShares MSOX 2X Daily ETF during the fourth quarter valued at approximately $46,000. Legacy Capital Wealth Partners LLC purchased a new position in shares of AdvisorShares MSOX 2X Daily ETF during the fourth quarter valued at approximately $79,000. Finally, Group One Trading LLC grew its holdings in AdvisorShares MSOX 2X Daily ETF by 23.2% during the second quarter. Group One Trading LLC now owns 40,453 shares of the company’s stock worth $112,000 after buying an additional 7,626 shares in the last quarter.

AdvisorShares MSOX 2X Daily ETF Price Performance

NYSEARCA MSOX opened at $2.87 on Wednesday. The company has a fifty day simple moving average of $4.36 and a 200 day simple moving average of $6.00. AdvisorShares MSOX 2X Daily ETF has a 12-month low of $2.14 and a 12-month high of $13.15.

About AdvisorShares MSOX 2X Daily ETF

The Advisorshares Msos 2x Daily ETF (MSOX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-fund that seeks to achieve 2x the daily total return of the AdvisorShares Pure US Cannabis ETF (MSOS) through swap agreements. MSOX was launched on Aug 23, 2022 and is managed by AdvisorShares.