AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Sees Large Growth in Short Interest

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 705 shares, a growth of 124.5% from the July 30th total of 314 shares. Based on an average daily trading volume, of 1,460 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Trading of AdvisorShares Dorsey Wright FSM US Core ETF

Large investors have recently made changes to their positions in the company. Ameritas Advisory Services LLC purchased a new position in AdvisorShares Dorsey Wright FSM US Core ETF in the second quarter valued at approximately $911,000. Angeles Wealth Management LLC acquired a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the second quarter worth about $76,000. Strive Financial Group LLC purchased a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the 2nd quarter valued at approximately $32,000. MML Investors Services LLC grew its position in AdvisorShares Dorsey Wright FSM US Core ETF by 21.7% in the 4th quarter. MML Investors Services LLC now owns 32,283 shares of the company’s stock valued at $1,750,000 after buying an additional 5,767 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its position 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 worth $513,000 after buying an additional 375 shares during the last quarter.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Performance

NASDAQ:DWUS opened at $59.78 on Monday. AdvisorShares Dorsey Wright FSM US Core ETF has a 12-month low of $49.38 and a 12-month high of $63.93. The firm has a market cap of $122.55 million, a PE ratio of 27.28 and a beta of 1.01. The stock has a fifty day moving average price of $60.05 and a 200 day moving average price of $57.46.

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.