Short Interest in AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Declines By 88.7%

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,819 shares, a decrease of 88.7% from the April 30th total of 16,138 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 2,872 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of AdvisorShares Dorsey Wright FSM All Cap World ETF

A number of hedge funds have recently bought and sold shares of the company. Private Advisory Group LLC increased its position in AdvisorShares Dorsey Wright FSM All Cap World ETF by 5.8% during the fourth quarter. Private Advisory Group LLC now owns 10,021 shares of the company’s stock valued at $443,000 after acquiring an additional 553 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in AdvisorShares Dorsey Wright FSM All Cap World ETF during the fourth quarter valued at $89,000. LPL Financial LLC increased its position in AdvisorShares Dorsey Wright FSM All Cap World ETF by 15.8% during the fourth quarter. LPL Financial LLC now owns 17,001 shares of the company’s stock valued at $751,000 after acquiring an additional 2,318 shares during the last quarter. Advisortrust Partners LLC purchased a new stake in AdvisorShares Dorsey Wright FSM All Cap World ETF during the first quarter valued at $175,000. Finally, Susquehanna International Group LLP increased its position in 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 acquiring an additional 4,820 shares during the last quarter.

AdvisorShares Dorsey Wright FSM All Cap World ETF Price Performance

AdvisorShares Dorsey Wright FSM All Cap World ETF stock traded down $0.09 during mid-day trading on Thursday, reaching $50.46. 2,943 shares of the stock traded hands, compared to its average volume of 2,726. The stock has a market capitalization of $94.86 million, a PE ratio of 24.84 and a beta of 1.02. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 12-month low of $40.08 and a 12-month high of $50.69. The business’s 50-day moving average is $46.15 and its 200-day moving average is $45.20.

AdvisorShares Dorsey Wright FSM All Cap World ETF Company Profile

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.