AdvisorShares Focused Equity ETF (NYSEARCA:CWS) Short Interest Update

AdvisorShares Focused Equity ETF (NYSEARCA:CWS) was the target of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 399 shares, a drop of 87.6% from the February 26th total of 3,226 shares. Based on an average daily volume of 5,461 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 5,461 shares, the days-to-cover ratio is currently 0.1 days.

AdvisorShares Focused Equity ETF Stock Performance

CWS traded up $0.41 during trading on Wednesday, reaching $65.14. The company had a trading volume of 7,953 shares, compared to its average volume of 10,436. The firm’s 50-day simple moving average is $68.30 and its 200 day simple moving average is $68.58. The company has a market cap of $166.76 million, a price-to-earnings ratio of 138.60 and a beta of 0.97. AdvisorShares Focused Equity ETF has a 12-month low of $58.36 and a 12-month high of $72.08.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Cibc World Market Inc. raised its holdings in shares of AdvisorShares Focused Equity ETF by 1.9% during the fourth quarter. Cibc World Market Inc. now owns 127,503 shares of the company’s stock valued at $8,763,000 after acquiring an additional 2,320 shares during the period. Kestra Advisory Services LLC boosted its stake in AdvisorShares Focused Equity ETF by 4.7% in the 4th quarter. Kestra Advisory Services LLC now owns 96,464 shares of the company’s stock worth $6,630,000 after purchasing an additional 4,365 shares during the period. Stifel Financial Corp grew its position in AdvisorShares Focused Equity ETF by 4.3% during the 4th quarter. Stifel Financial Corp now owns 91,729 shares of the company’s stock worth $6,304,000 after purchasing an additional 3,793 shares in the last quarter. Cetera Investment Advisers grew its position in AdvisorShares Focused Equity ETF by 5.5% during the 4th quarter. Cetera Investment Advisers now owns 66,128 shares of the company’s stock worth $4,545,000 after purchasing an additional 3,420 shares in the last quarter. Finally, Mason & Associates Inc raised its stake in AdvisorShares Focused Equity ETF by 7.3% during the 3rd quarter. Mason & Associates Inc now owns 44,457 shares of the company’s stock valued at $3,051,000 after purchasing an additional 3,023 shares during the period. 7.19% of the stock is owned by hedge funds and other institutional investors.

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.