AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Sees Significant Growth in Short Interest

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 7,600 shares, a growth of 15.2% from the October 31st total of 6,600 shares. Based on an average trading volume of 1,200 shares, the days-to-cover ratio is presently 6.3 days.

Institutional Investors Weigh In On AdvisorShares Dorsey Wright FSM US Core ETF

An institutional investor recently bought a new position in AdvisorShares Dorsey Wright FSM US Core ETF stock. Private Advisory Group LLC acquired a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) during the third quarter, according to its most recent filing with the SEC. The fund acquired 4,767 shares of the company’s stock, valued at approximately $225,000. Private Advisory Group LLC owned 0.20% of AdvisorShares Dorsey Wright FSM US Core ETF as of its most recent filing with the SEC.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Performance

Shares of AdvisorShares Dorsey Wright FSM US Core ETF stock traded up $0.18 during mid-day trading on Tuesday, hitting $49.87. 18 shares of the stock were exchanged, compared to its average volume of 1,602. The company has a market capitalization of $120.69 million, a P/E ratio of 24.31 and a beta of 0.96. The company has a 50-day simple moving average of $48.11 and a 200 day simple moving average of $46.65. AdvisorShares Dorsey Wright FSM US Core ETF has a 12 month low of $37.99 and a 12 month high of $49.95.

AdvisorShares Dorsey Wright FSM US Core ETF Company Profile

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.