AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Short Interest Update

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 120 shares, an increase of 79.1% from the April 30th total of 67 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,834 shares, the short-interest ratio is presently 0.1 days.

AdvisorShares Dorsey Wright FSM US Core ETF Trading Up 0.2%

Shares of DWUS opened at $61.48 on Tuesday. The firm has a market cap of $130.34 million, a PE ratio of 27.28 and a beta of 1.00. AdvisorShares Dorsey Wright FSM US Core ETF has a 12 month low of $49.27 and a 12 month high of $61.50. The stock has a fifty day moving average price of $55.94 and a 200-day moving average price of $54.78.

Hedge Funds Weigh In On AdvisorShares Dorsey Wright FSM US Core ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Osaic Holdings Inc. increased its stake in AdvisorShares Dorsey Wright FSM US Core ETF by 1.6% in the fourth quarter. Osaic Holdings Inc. now owns 410,508 shares of the company’s stock valued at $22,257,000 after purchasing an additional 6,421 shares during the last quarter. MML Investors Services LLC boosted its holdings in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 21.7% in the 4th quarter. MML Investors Services LLC now owns 32,283 shares of the company’s stock valued at $1,750,000 after buying an additional 5,767 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 4.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 9,471 shares of the company’s stock valued at $513,000 after buying an additional 375 shares in the last quarter. Logan Capital Management Inc. acquired a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the 4th quarter valued at $434,000. Finally, Raymond James Financial Inc. purchased a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the 2nd quarter valued at $141,000.

About AdvisorShares Dorsey Wright FSM US Core ETF

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.