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

AdvisorShares Focused Equity ETF (NYSEARCA:CWS) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 50 shares, a decrease of 91.8% from the August 31st total of 609 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 5,891 shares, the days-to-cover ratio is presently 0.0 days.

AdvisorShares Focused Equity ETF Stock Performance

NYSEARCA CWS traded down $0.02 during trading hours on Friday, hitting $67.23. 5,073 shares of the company’s stock were exchanged, compared to its average volume of 9,643. The business’s 50 day moving average is $70.83 and its 200-day moving average is $68.51. AdvisorShares Focused Equity ETF has a 12-month low of $63.09 and a 12-month high of $74.05. The firm has a market capitalization of $119.00 million, a P/E ratio of 143.05 and a beta of 0.92.

Institutional Investors Weigh In On AdvisorShares Focused Equity ETF

Several hedge funds have recently modified their holdings of CWS. Cibc World Market Inc. grew its holdings in AdvisorShares Focused Equity ETF by 1.9% in the fourth quarter. Cibc World Market Inc. now owns 127,503 shares of the company’s stock valued at $8,763,000 after purchasing an additional 2,320 shares during the period. Kestra Advisory Services LLC boosted its holdings in shares of AdvisorShares Focused Equity ETF by 1.7% in the 1st quarter. Kestra Advisory Services LLC now owns 98,134 shares of the company’s stock valued at $6,355,000 after purchasing an additional 1,670 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of AdvisorShares Focused Equity ETF by 3.4% during the 1st quarter. Cetera Investment Advisers now owns 68,388 shares of the company’s stock valued at $4,429,000 after buying an additional 2,260 shares during the period. Mason & Associates Inc increased its holdings in shares of AdvisorShares Focused Equity ETF by 6.6% during the 1st quarter. Mason & Associates Inc now owns 48,375 shares of the company’s stock worth $3,066,000 after buying an additional 2,999 shares during the last quarter. Finally, Stone Wealth Partners acquired a new stake in shares of AdvisorShares Focused Equity ETF during the 4th quarter worth $2,329,000. 7.19% of the stock is owned by institutional investors and hedge funds.

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.