AdvisorShares Focused Equity ETF (NYSEARCA:CWS) Stock Short Interest Report for September

AdvisorShares Focused Equity ETF (NYSEARCA:CWS) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 673 shares, an increase of 1,246.0% from the September 15th total of 50 shares. Based on an average daily volume of 5,926 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of AdvisorShares Focused Equity ETF

Several institutional investors have recently added to or reduced their stakes in CWS. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in shares of AdvisorShares Focused Equity ETF by 33.9% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,258 shares of the company’s stock worth $290,000 after buying an additional 1,078 shares in the last quarter. Royal Bank of Canada purchased a new position in AdvisorShares Focused Equity ETF in the 1st quarter worth approximately $52,000. Cetera Investment Advisers lifted its stake in AdvisorShares Focused Equity ETF by 3.4% in the 1st quarter. Cetera Investment Advisers now owns 68,388 shares of the company’s stock worth $4,429,000 after purchasing an additional 2,260 shares in the last quarter. D.A. Davidson & CO. lifted its stake in AdvisorShares Focused Equity ETF by 13.9% in the 1st quarter. D.A. Davidson & CO. now owns 11,162 shares of the company’s stock worth $723,000 after purchasing an additional 1,362 shares in the last quarter. Finally, Sigma Planning Corp boosted its holdings in shares of AdvisorShares Focused Equity ETF by 55.2% during the 1st quarter. Sigma Planning Corp now owns 29,460 shares of the company’s stock worth $1,908,000 after purchasing an additional 10,484 shares during the last quarter. 7.19% of the stock is currently owned by hedge funds and other institutional investors.

AdvisorShares Focused Equity ETF Price Performance

CWS stock traded up $0.36 during mid-day trading on Friday, reaching $67.78. 3,638 shares of the company traded hands, compared to its average volume of 9,535. The company has a fifty day moving average price of $70.32 and a 200-day moving average price of $68.57. AdvisorShares Focused Equity ETF has a 52-week low of $63.09 and a 52-week high of $74.05. The company has a market capitalization of $119.97 million, a P/E ratio of 144.21 and a beta of 0.92.

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.