AdvisorShares Focused Equity ETF (NYSEARCA:CWS) Stock Short Interest Climbs 1,488.6%

AdvisorShares Focused Equity ETF (NYSEARCA:CWS) was the recipient of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 11,597 shares, a growth of 1,488.6% from the October 15th total of 730 shares. Based on an average trading volume of 4,653 shares, the short-interest ratio is presently 2.5 days. Currently, 0.7% of the company’s stock are sold short.

Institutional Investors Weigh In On AdvisorShares Focused Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada purchased a new position in AdvisorShares Focused Equity ETF during the 1st quarter valued at about $52,000. IRON Financial LLC bought a new stake in AdvisorShares Focused Equity ETF during the third quarter valued at about $266,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in shares of AdvisorShares Focused Equity ETF by 33.9% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,258 shares of the company’s stock worth $290,000 after purchasing an additional 1,078 shares in the last quarter. D.A. Davidson & CO. raised its stake in AdvisorShares Focused Equity ETF by 13.9% during the 1st quarter. D.A. Davidson & CO. now owns 11,162 shares of the company’s stock valued at $723,000 after purchasing an additional 1,362 shares during the period. Finally, Sigma Planning Corp boosted its position in shares of AdvisorShares Focused Equity ETF by 55.2% during the first quarter. Sigma Planning Corp now owns 29,460 shares of the company’s stock worth $1,908,000 after acquiring an additional 10,484 shares during the last quarter. Hedge funds and other institutional investors own 7.19% of the company’s stock.

AdvisorShares Focused Equity ETF Trading Up 0.3%

Shares of CWS traded up $0.21 on Tuesday, reaching $68.75. The company’s stock had a trading volume of 4,330 shares, compared to its average volume of 9,252. AdvisorShares Focused Equity ETF has a twelve month low of $63.09 and a twelve month high of $74.05. The stock has a market capitalization of $114.12 million, a PE ratio of 146.28 and a beta of 0.92. The firm has a fifty day moving average of $68.18 and a 200-day moving average of $68.38.

About AdvisorShares Focused Equity ETF

The AdvisorShares Focused Equity ETF (CWS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively-managed ETF that aims to achieve long-term capital appreciation and outperform the S&P 500 Index by holding a focused group of US-listed stocks using proprietary models. CWS was launched on Sep 20, 2016 and is managed by AdvisorShares.