AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 168 shares. Based on an average daily trading volume, of 1,576 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.
Hedge Funds Weigh In On AdvisorShares Q Dynamic Growth ETF
A hedge fund recently raised its position in AdvisorShares Q Dynamic Growth ETF stock. Professional Financial Advisors LLC increased its holdings in AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX – Free Report) by 0.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 65,220 shares of the company’s stock after purchasing an additional 475 shares during the quarter. AdvisorShares Q Dynamic Growth ETF accounts for about 0.6% of Professional Financial Advisors LLC’s holdings, making the stock its 28th largest holding. Professional Financial Advisors LLC owned 9.59% of AdvisorShares Q Dynamic Growth ETF worth $3,186,000 as of its most recent SEC filing.
AdvisorShares Q Dynamic Growth ETF Trading Down 2.9%
QPX traded down $1.39 on Friday, reaching $46.05. The stock had a trading volume of 2,522 shares, compared to its average volume of 3,207. AdvisorShares Q Dynamic Growth ETF has a 12-month low of $41.16 and a 12-month high of $49.85. The business’s 50-day moving average price is $48.26 and its two-hundred day moving average price is $46.92. The company has a market cap of $32.23 million, a P/E ratio of 26.24 and a beta of 1.08.
About AdvisorShares Q Dynamic Growth ETF
The AdvisorShares Q Dynamic Growth ETF (QPX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to maximize long-term growth through equity exposure while tactically managing downside risk. QPX was launched on Dec 28, 2020 and is managed by AdvisorShares.
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