Short Interest in AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Declines By 88.7%

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,819 shares, a decrease of 88.7% from the April 30th total of 16,138 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 2,872 shares, the days-to-cover ratio is currently 0.6 days.

AdvisorShares Dorsey Wright FSM All Cap World ETF Stock Down 0.2%

Shares of AdvisorShares Dorsey Wright FSM All Cap World ETF stock traded down $0.09 during trading on Thursday, hitting $50.46. 2,943 shares of the stock traded hands, compared to its average volume of 2,726. The stock has a market cap of $94.86 million, a price-to-earnings ratio of 24.84 and a beta of 1.02. The firm’s fifty day moving average is $46.15 and its 200-day moving average is $45.20. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 52 week low of $40.08 and a 52 week high of $50.69.

Hedge Funds Weigh In On AdvisorShares Dorsey Wright FSM All Cap World ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. MML Investors Services LLC grew its position in AdvisorShares Dorsey Wright FSM All Cap World ETF by 29.4% during the 4th quarter. MML Investors Services LLC now owns 26,542 shares of the company’s stock worth $1,172,000 after acquiring an additional 6,036 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF in the 4th quarter worth approximately $89,000. LPL Financial LLC boosted its position in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF by 15.8% during the fourth quarter. LPL Financial LLC now owns 17,001 shares of the company’s stock valued at $751,000 after purchasing an additional 2,318 shares in the last quarter. Susquehanna International Group LLP increased its stake in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF by 73.5% in the 3rd quarter. Susquehanna International Group LLP now owns 11,381 shares of the company’s stock worth $499,000 after acquiring an additional 4,820 shares in the last quarter. Finally, Advisortrust Partners LLC bought a new position in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF in the 1st quarter worth about $175,000.

About AdvisorShares Dorsey Wright FSM All Cap World ETF

The AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW) is an exchange-traded fund that is based on the FTSE Global All Cap index. The fund is an actively managed fund of funds that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation. DWAW was launched on Dec 26, 2019 and is managed by AdvisorShares.