AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Short Interest Update

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) saw a large decrease in short interest in June. As of June 30th, there was short interest totaling 160 shares, a decrease of 42.2% from the June 15th total of 277 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 4,611 shares, the days-to-cover ratio is currently 0.0 days.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Performance

Shares of NASDAQ DWUS traded down $0.48 during mid-day trading on Friday, reaching $58.07. The company had a trading volume of 71 shares, compared to its average volume of 1,737. The firm has a market cap of $119.04 million, a price-to-earnings ratio of 27.28 and a beta of 1.00. The business’s 50-day simple moving average is $60.84 and its 200 day simple moving average is $56.54. AdvisorShares Dorsey Wright FSM US Core ETF has a one year low of $49.38 and a one year high of $63.93.

Hedge Funds Weigh In On AdvisorShares Dorsey Wright FSM US Core ETF

Several hedge funds have recently bought and sold shares of DWUS. Osaic Holdings Inc. boosted its position in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 1.6% during the 4th quarter. Osaic Holdings Inc. now owns 410,508 shares of the company’s stock worth $22,257,000 after acquiring an additional 6,421 shares in the last quarter. MML Investors Services LLC increased its stake in AdvisorShares Dorsey Wright FSM US Core ETF by 21.7% in the fourth quarter. MML Investors Services LLC now owns 32,283 shares of the company’s stock valued at $1,750,000 after acquiring an additional 5,767 shares during the last quarter. Commonwealth Equity Services LLC raised its position in AdvisorShares Dorsey Wright FSM US Core ETF by 4.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 9,471 shares of the company’s stock valued at $513,000 after purchasing an additional 375 shares in the last quarter. Logan Capital Management Inc. acquired a new position in AdvisorShares Dorsey Wright FSM US Core ETF during the fourth quarter valued at approximately $434,000. Finally, Raymond James Financial Inc. bought a new stake in AdvisorShares Dorsey Wright FSM US Core ETF during the second quarter worth $141,000.

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.