Short Interest in AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Declines By 76.0%

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 5,800 shares, a decline of 76.0% from the October 15th total of 24,200 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is currently 3.2 days.

Institutional Investors Weigh In On AdvisorShares Dorsey Wright FSM All Cap World ETF

A hedge fund recently raised its stake in AdvisorShares Dorsey Wright FSM All Cap World ETF stock. Private Advisory Group LLC grew its holdings in AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) by 3.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 8,606 shares of the company’s stock after buying an additional 297 shares during the quarter. Private Advisory Group LLC owned approximately 0.42% of AdvisorShares Dorsey Wright FSM All Cap World ETF worth $336,000 at the end of the most recent quarter.

AdvisorShares Dorsey Wright FSM All Cap World ETF Trading Up 0.1 %

Shares of DWAW traded up $0.04 during midday trading on Wednesday, reaching $41.30. The stock had a trading volume of 1,821 shares, compared to its average volume of 2,355. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 12-month low of $31.83 and a 12-month high of $41.53. The company’s 50-day moving average is $39.15 and its 200 day moving average is $38.38. The company has a market capitalization of $84.67 million, a price-to-earnings ratio of 15.05 and a beta of 0.91.

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.