AdvisorShares Focused Equity ETF (NYSEARCA:CWS) Short Interest Update

AdvisorShares Focused Equity ETF (NYSEARCA:CWS) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 364 shares, a decline of 47.1% from the June 30th total of 688 shares. Based on an average daily trading volume, of 6,292 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of AdvisorShares Focused Equity ETF

Institutional investors have recently made changes to their positions in the business. Stone Wealth Partners bought a new stake in AdvisorShares Focused Equity ETF in the fourth quarter valued at about $2,329,000. Raymond James Financial Inc. lifted its stake in AdvisorShares Focused Equity ETF by 2,262.3% during the third quarter. Raymond James Financial Inc. now owns 29,080 shares of the company’s stock worth $1,996,000 after purchasing an additional 27,849 shares during the period. United Advisor Group LLC acquired a new stake in AdvisorShares Focused Equity ETF during the fourth quarter valued at approximately $1,374,000. Sigma Planning Corp boosted its holdings in AdvisorShares Focused Equity ETF by 442.9% during the fourth quarter. Sigma Planning Corp now owns 18,976 shares of the company’s stock valued at $1,313,000 after purchasing an additional 15,481 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC grew its stake in shares of AdvisorShares Focused Equity ETF by 100.0% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 23,986 shares of the company’s stock valued at $1,553,000 after purchasing an additional 11,993 shares during the period. 7.19% of the stock is currently owned by institutional investors and hedge funds.

AdvisorShares Focused Equity ETF Stock Up 1.6%

AdvisorShares Focused Equity ETF stock traded up $1.11 on Friday, hitting $71.44. The company’s stock had a trading volume of 6,059 shares, compared to its average volume of 11,009. AdvisorShares Focused Equity ETF has a one year low of $63.09 and a one year high of $72.08. The firm has a market cap of $133.59 million, a P/E ratio of 152.00 and a beta of 0.92. The company has a fifty day moving average price of $68.39 and a 200-day moving average price of $67.95.

AdvisorShares Focused Equity ETF Company Profile

The AdvisorShares Focused Equity ETF (CWS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively-managed ETF that aims to achieve long-term capital appreciation and outperform the S&P 500 Index by holding a focused group of US-listed stocks using proprietary models. CWS was launched on Sep 20, 2016 and is managed by AdvisorShares.