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

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 277 shares, a growth of 118.1% from the May 31st total of 127 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 747 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On AdvisorShares Dorsey Wright FSM US Core ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. grew its stake in AdvisorShares Dorsey Wright FSM US Core ETF by 1.6% during the fourth quarter. Osaic Holdings Inc. now owns 410,508 shares of the company’s stock worth $22,257,000 after purchasing an additional 6,421 shares during the period. MML Investors Services LLC lifted its stake in AdvisorShares Dorsey Wright FSM US Core ETF by 21.7% in the fourth 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 period. Commonwealth Equity Services LLC lifted its stake in AdvisorShares Dorsey Wright FSM US Core ETF by 4.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 9,471 shares of the company’s stock valued at $513,000 after buying an additional 375 shares during the period. Logan Capital Management Inc. bought a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the 4th quarter worth approximately $434,000. Finally, Private Advisory Group LLC boosted its holdings in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 7.6% during the 4th quarter. Private Advisory Group LLC now owns 4,449 shares of the company’s stock worth $241,000 after buying an additional 316 shares in the last quarter.

AdvisorShares Dorsey Wright FSM US Core ETF Trading Up 0.8%

Shares of AdvisorShares Dorsey Wright FSM US Core ETF stock opened at $61.37 on Tuesday. The business has a 50-day moving average price of $59.74 and a two-hundred day moving average price of $55.90. AdvisorShares Dorsey Wright FSM US Core ETF has a 1-year low of $49.38 and a 1-year high of $63.93. The company has a market cap of $130.10 million, a P/E ratio of 27.28 and a beta of 1.01.

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.