AdvisorShares Vice ETF (NYSEARCA:VICE) Sees Significant Decrease in Short Interest

AdvisorShares Vice ETF (NYSEARCA:VICE) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 121 shares, a decline of 71.6% from the May 31st total of 426 shares. Based on an average daily trading volume, of 431 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

AdvisorShares Vice ETF Stock Performance

Shares of VICE remained flat at $33.78 during trading hours on Monday. 571 shares of the company were exchanged, compared to its average volume of 428. The company has a market cap of $7.43 million, a P/E ratio of 14.11 and a beta of 0.88. AdvisorShares Vice ETF has a 1-year low of $31.08 and a 1-year high of $36.53. The company’s 50 day moving average is $33.12 and its 200-day moving average is $32.55.

Institutional Investors Weigh In On AdvisorShares Vice ETF

A hedge fund recently bought a new stake in AdvisorShares Vice ETF stock. Susquehanna International Group LLP acquired a new stake in shares of AdvisorShares Vice ETF (NYSEARCA:VICE) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 6,000 shares of the company’s stock, valued at approximately $214,000. Susquehanna International Group LLP owned approximately 2.73% of AdvisorShares Vice ETF at the end of the most recent reporting period.

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.