AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) Short Interest Update

AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 1,096 shares, a drop of 51.9% from the December 31st total of 2,279 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 5,094 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 5,094 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On AdvisorShares Q Dynamic Growth ETF

Institutional investors have recently made changes to their positions in the business. CWM LLC bought a new stake in AdvisorShares Q Dynamic Growth ETF during the third quarter valued at approximately $54,000. Ameriflex Group Inc. boosted its stake in shares of AdvisorShares Q Dynamic Growth ETF by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 2,122 shares of the company’s stock worth $91,000 after acquiring an additional 1,061 shares during the last quarter. Legacy Wealth Managment LLC ID grew its position in shares of AdvisorShares Q Dynamic Growth ETF by 45.8% during the 2nd quarter. Legacy Wealth Managment LLC ID now owns 19,157 shares of the company’s stock valued at $742,000 after acquiring an additional 6,022 shares during the period. Foundations Investment Advisors LLC purchased a new stake in shares of AdvisorShares Q Dynamic Growth ETF in the 3rd quarter worth $785,000. Finally, Sentinus LLC increased its stake in shares of AdvisorShares Q Dynamic Growth ETF by 0.8% in the 2nd quarter. Sentinus LLC now owns 33,214 shares of the company’s stock worth $1,287,000 after purchasing an additional 268 shares in the last quarter.

AdvisorShares Q Dynamic Growth ETF Price Performance

Shares of QPX opened at $46.63 on Thursday. The firm has a market capitalization of $35.44 million, a P/E ratio of 26.24 and a beta of 1.07. AdvisorShares Q Dynamic Growth ETF has a one year low of $30.65 and a one year high of $46.65. The business has a fifty day moving average of $44.80 and a 200 day moving average of $42.81.

AdvisorShares Q Dynamic Growth ETF Company Profile

The AdvisorShares Q Dynamic Growth ETF (QPX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to maximize long-term growth through equity exposure while tactically managing downside risk. QPX was launched on Dec 28, 2020 and is managed by AdvisorShares.