Short Interest in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Decreases By 42.2%

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 160 shares, a decrease of 42.2% from the June 15th total of 277 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 4,611 shares, the short-interest ratio is currently 0.0 days.

AdvisorShares Dorsey Wright FSM US Core ETF Price Performance

Shares of NASDAQ DWUS traded up $0.00 during midday trading on Thursday, reaching $59.97. 20 shares of the stock traded hands, compared to its average volume of 1,761. The company’s 50 day moving average is $60.83 and its 200 day moving average is $56.49. AdvisorShares Dorsey Wright FSM US Core ETF has a one year low of $49.38 and a one year high of $63.93. The stock has a market capitalization of $122.94 million, a PE ratio of 27.28 and a beta of 1.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in AdvisorShares Dorsey Wright FSM US Core ETF during the second quarter valued at approximately $141,000. Private Advisory Group LLC increased its position in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 7.6% during the 4th quarter. Private Advisory Group LLC now owns 4,449 shares of the company’s stock valued at $241,000 after purchasing an additional 316 shares during the last quarter. Logan Capital Management Inc. purchased a new stake in AdvisorShares Dorsey Wright FSM US Core ETF during the 4th quarter valued at $434,000. Commonwealth Equity Services LLC raised its holdings in AdvisorShares Dorsey Wright FSM US Core ETF by 4.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 9,471 shares of the company’s stock valued at $513,000 after buying an additional 375 shares during the period. Finally, MML Investors Services LLC lifted its position in AdvisorShares Dorsey Wright FSM US Core ETF by 21.7% in the fourth quarter. MML Investors Services LLC now owns 32,283 shares of the company’s stock worth $1,750,000 after buying an additional 5,767 shares during the last quarter.

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.