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

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 8,100 shares, an increase of 65.3% from the September 30th total of 4,900 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is currently 4.5 days.

AdvisorShares Dorsey Wright FSM US Core ETF Price Performance

Shares of DWUS opened at $47.79 on Friday. AdvisorShares Dorsey Wright FSM US Core ETF has a one year low of $34.14 and a one year high of $48.88. The company has a 50-day moving average of $46.50 and a two-hundred day moving average of $45.56. The stock has a market cap of $115.65 million, a price-to-earnings ratio of 24.31 and a beta of 0.96.

Institutional Trading of AdvisorShares Dorsey Wright FSM US Core ETF

An institutional investor recently bought a new position in AdvisorShares Dorsey Wright FSM US Core ETF stock. Private Advisory Group LLC purchased a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,767 shares of the company’s stock, valued at approximately $225,000. Private Advisory Group LLC owned 0.20% of AdvisorShares Dorsey Wright FSM US Core ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.