Short Interest in AdvisorShares Gerber Kawasaki ETF (NYSEARCA:GK) Drops By 29.0%

AdvisorShares Gerber Kawasaki ETF (NYSEARCA:GKGet Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 2,200 shares, a decrease of 29.0% from the August 31st total of 3,100 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Trading of AdvisorShares Gerber Kawasaki ETF

A hedge fund recently raised its stake in AdvisorShares Gerber Kawasaki ETF stock. Gerber Kawasaki Wealth & Investment Management boosted its holdings in shares of AdvisorShares Gerber Kawasaki ETF (NYSEARCA:GKFree Report) by 1.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 906,950 shares of the company’s stock after purchasing an additional 11,955 shares during the quarter. Gerber Kawasaki Wealth & Investment Management owned approximately 84.76% of AdvisorShares Gerber Kawasaki ETF worth $21,655,000 at the end of the most recent reporting period. 91.13% of the stock is owned by institutional investors and hedge funds.

AdvisorShares Gerber Kawasaki ETF Trading Down 0.3%

AdvisorShares Gerber Kawasaki ETF stock opened at $26.41 on Wednesday. AdvisorShares Gerber Kawasaki ETF has a 12 month low of $16.95 and a 12 month high of $26.73. The stock’s 50 day simple moving average is $25.52 and its two-hundred day simple moving average is $23.01. The firm has a market cap of $28.26 million, a PE ratio of 9.27 and a beta of 1.31.

AdvisorShares Gerber Kawasaki ETF Company Profile

(Get Free Report)

The AdvisorShares Gerber Kawasaki ETF (GK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that offers exposure to a portfolio of US growth stocks across multiple investment themes believed to represent top thematic macro opportunities.

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