AdvisorShares Focused Equity ETF (NYSEARCA:CWS) Short Interest Up 39.0% in January

AdvisorShares Focused Equity ETF (NYSEARCA:CWS) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 13,218 shares, an increase of 39.0% from the December 31st total of 9,510 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 16,595 shares, the short-interest ratio is currently 0.8 days. Based on an average daily volume of 16,595 shares, the short-interest ratio is currently 0.8 days. Approximately 0.5% of the company’s stock are sold short.

Institutional Trading of AdvisorShares Focused Equity ETF

Hedge funds have recently made changes to their positions in the stock. Assetmark Inc. raised its stake in AdvisorShares Focused Equity ETF by 86.0% during the second quarter. Assetmark Inc. now owns 372 shares of the company’s stock valued at $26,000 after buying an additional 172 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of AdvisorShares Focused Equity ETF during the second quarter valued at $86,000. Global Assets Advisory LLC bought a new position in shares of AdvisorShares Focused Equity ETF during the third quarter valued at $205,000. Aviso Financial Inc. purchased a new position in shares of AdvisorShares Focused Equity ETF in the 2nd quarter worth about $218,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in AdvisorShares Focused Equity ETF by 7.7% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,503 shares of the company’s stock worth $240,000 after purchasing an additional 249 shares in the last quarter. 7.19% of the stock is owned by institutional investors.

AdvisorShares Focused Equity ETF Stock Up 0.4%

Shares of CWS stock traded up $0.28 during mid-day trading on Monday, reaching $68.94. 4,760 shares of the company’s stock traded hands, compared to its average volume of 12,631. AdvisorShares Focused Equity ETF has a 12 month low of $58.36 and a 12 month high of $72.08. The company has a market cap of $177.18 million, a P/E ratio of 146.68 and a beta of 0.97. The company’s 50-day moving average price is $69.87 and its 200-day moving average price is $68.99.

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.