AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Sees Significant Drop in Short Interest

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 3,600 shares, a decrease of 21.7% from the February 28th total of 4,600 shares. Based on an average daily volume of 2,000 shares, the short-interest ratio is presently 1.8 days. Approximately 0.2% of the company’s shares are short sold.

AdvisorShares Dorsey Wright FSM All Cap World ETF Trading Down 2.4 %

NASDAQ:DWAW opened at $36.86 on Monday. The company has a market capitalization of $75.93 million, a P/E ratio of 24.17 and a beta of 0.91. The firm has a 50-day moving average price of $40.08 and a two-hundred day moving average price of $40.24. AdvisorShares Dorsey Wright FSM All Cap World ETF has a twelve month low of $34.41 and a twelve month high of $42.54.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DWAW. Farther Finance Advisors LLC bought a new stake in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF during the fourth quarter worth approximately $29,000. Raymond James Financial Inc. acquired a new position in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF during the 4th quarter worth approximately $711,000. LPL Financial LLC boosted its position in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF by 20.7% in the fourth quarter. LPL Financial LLC now owns 8,505 shares of the company’s stock valued at $341,000 after acquiring an additional 1,458 shares during the period. Harvest Investment Services LLC acquired a new stake in AdvisorShares Dorsey Wright FSM All Cap World ETF during the fourth quarter worth about $380,000. Finally, Virtus Wealth Solutions LLC acquired a new position in AdvisorShares Dorsey Wright FSM All Cap World ETF during the fourth quarter worth about $63,274,000.

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.