Short Interest in AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Increases By 88.3%

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 3,163 shares, an increase of 88.3% from the July 15th total of 1,680 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 579 shares, the days-to-cover ratio is currently 5.5 days.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Susquehanna International Group LLP raised its position in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF by 73.5% in the third quarter. Susquehanna International Group LLP now owns 11,381 shares of the company’s stock valued at $499,000 after purchasing an additional 4,820 shares during the period. LPL Financial LLC grew its stake in AdvisorShares Dorsey Wright FSM All Cap World ETF by 15.8% in the 4th quarter. LPL Financial LLC now owns 17,001 shares of the company’s stock valued at $751,000 after buying an additional 2,318 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in AdvisorShares Dorsey Wright FSM All Cap World ETF in the 4th quarter valued at approximately $89,000. MML Investors Services LLC raised its holdings 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 valued at $1,172,000 after acquiring an additional 6,036 shares during the period. Finally, Advisortrust Partners LLC bought a new stake in AdvisorShares Dorsey Wright FSM All Cap World ETF during the 1st quarter valued at $175,000.

AdvisorShares Dorsey Wright FSM All Cap World ETF Price Performance

Shares of NASDAQ DWAW traded up $0.02 during trading on Friday, reaching $51.62. 569 shares of the stock traded hands, compared to its average volume of 2,364. The stock has a market capitalization of $94.98 million, a P/E ratio of 24.84 and a beta of 1.03. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 52-week low of $41.23 and a 52-week high of $51.92. The company has a 50-day moving average of $50.40 and a 200-day moving average of $47.69.

AdvisorShares Dorsey Wright FSM All Cap World ETF Company Profile

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.