AdvisorShares Vice ETF (NYSEARCA:VICE) Short Interest Up 255.0% in May

AdvisorShares Vice ETF (NYSEARCA:VICE) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 426 shares, an increase of 255.0% from the May 14th total of 120 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 352 shares, the short-interest ratio is presently 1.2 days.

Institutional Investors Weigh In On AdvisorShares Vice ETF

An institutional investor recently bought a new position in AdvisorShares Vice ETF stock. Susquehanna International Group LLP bought a new position in AdvisorShares Vice ETF (NYSEARCA:VICE) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,000 shares of the company’s stock, valued at approximately $214,000. Susquehanna International Group LLP owned 2.73% of AdvisorShares Vice ETF as of its most recent filing with the Securities and Exchange Commission.

AdvisorShares Vice ETF Price Performance

Shares of VICE stock traded up $0.24 during midday trading on Friday, reaching $34.00. 198 shares of the company traded hands, compared to its average volume of 422. The firm’s 50 day simple moving average is $32.89 and its two-hundred day simple moving average is $32.46. AdvisorShares Vice ETF has a 1-year low of $31.08 and a 1-year high of $36.53. The firm has a market cap of $7.48 million, a PE ratio of 14.11 and a beta of 0.88.

About AdvisorShares Vice ETF

The AdvisorShares Vice ETF (VICE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in US companies involved in alcohol and tobacco, food and beverage, and gaming-related activities. VICE was launched on Dec 12, 2017 and is managed by AdvisorShares.