Short Interest in AdvisorShares Vice ETF (NYSEARCA:VICE) Decreases By 71.6%

AdvisorShares Vice ETF (NYSEARCA:VICE) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 121 shares, a drop of 71.6% from the May 31st total of 426 shares. Based on an average daily volume of 431 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On AdvisorShares Vice ETF

A hedge fund recently bought a new stake in AdvisorShares Vice ETF stock. Susquehanna International Group LLP purchased a new stake in AdvisorShares Vice ETF (NYSEARCA:VICE) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 6,000 shares of the company’s stock, valued at approximately $214,000. Susquehanna International Group LLP owned 2.73% of AdvisorShares Vice ETF at the end of the most recent reporting period.

AdvisorShares Vice ETF Trading Up 1.7%

VICE opened at $33.78 on Friday. The stock has a market cap of $7.43 million, a PE ratio of 14.11 and a beta of 0.88. AdvisorShares Vice ETF has a 1 year low of $31.08 and a 1 year high of $36.53. The stock’s 50 day simple moving average is $33.12 and its 200-day simple moving average is $32.54.

AdvisorShares Vice ETF Company Profile

The AdvisorShares Vice ETF (VICE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in US companies involved in alcohol and tobacco, food and beverage, and gaming-related activities. VICE was launched on Dec 12, 2017 and is managed by AdvisorShares.