AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Short Interest Up 88.3% in July

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 3,163 shares, an increase of 88.3% from the July 15th total of 1,680 shares. Based on an average daily volume of 579 shares, the days-to-cover ratio is presently 5.5 days. Approximately 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On AdvisorShares Dorsey Wright FSM All Cap World ETF

A number of institutional investors have recently added to or reduced their stakes in DWAW. Kestra Advisory Services LLC purchased a new stake in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF in the 4th quarter valued at about $89,000. Advisortrust Partners LLC purchased a new position in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF during the first quarter worth about $175,000. Susquehanna International Group LLP increased its position in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF by 73.5% in the third quarter. Susquehanna International Group LLP now owns 11,381 shares of the company’s stock worth $499,000 after purchasing an additional 4,820 shares during the last quarter. LPL Financial LLC increased its position in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF by 15.8% in the fourth quarter. LPL Financial LLC now owns 17,001 shares of the company’s stock worth $751,000 after purchasing an additional 2,318 shares during the last quarter. Finally, MML Investors Services LLC raised its stake in AdvisorShares Dorsey Wright FSM All Cap World ETF by 29.4% in the fourth quarter. MML Investors Services LLC now owns 26,542 shares of the company’s stock valued at $1,172,000 after purchasing an additional 6,036 shares in the last quarter.

AdvisorShares Dorsey Wright FSM All Cap World ETF Stock Up 0.0%

DWAW traded up $0.02 during trading on Friday, reaching $51.62. 569 shares of the company were exchanged, compared to its average volume of 2,364. The company’s 50-day moving average is $50.40 and its two-hundred day moving average is $47.69. The company has a market cap of $94.98 million, a price-to-earnings ratio of 24.84 and a beta of 1.03. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 12-month low of $41.23 and a 12-month high of $51.92.

About AdvisorShares Dorsey Wright FSM All Cap World ETF

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.