AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Short Interest Up 163.0% in October

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totalling 24,200 shares, a growth of 163.0% from the September 30th total of 9,200 shares. Based on an average trading volume of 2,400 shares, the short-interest ratio is currently 10.1 days.

Hedge Funds Weigh In On AdvisorShares Dorsey Wright FSM All Cap World ETF

An institutional investor recently raised its position in AdvisorShares Dorsey Wright FSM All Cap World ETF stock. Private Advisory Group LLC lifted its stake in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) by 23.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,588 shares of the company’s stock after acquiring an additional 1,982 shares during the quarter. Private Advisory Group LLC owned about 0.52% of AdvisorShares Dorsey Wright FSM All Cap World ETF worth $415,000 at the end of the most recent reporting period.

AdvisorShares Dorsey Wright FSM All Cap World ETF Price Performance

Shares of NASDAQ DWAW traded up $0.01 during midday trading on Friday, reaching $39.54. 1 shares of the company traded hands, compared to its average volume of 2,433. The company has a market cap of $81.05 million, a price-to-earnings ratio of 15.05 and a beta of 0.91. The stock has a 50-day moving average price of $38.69 and a 200 day moving average price of $37.99. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 52 week low of $28.75 and a 52 week high of $40.69.

AdvisorShares Dorsey Wright FSM All Cap World ETF Company Profile

The AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW) is an exchange-traded fund that is based on the FTSE Global All Cap index. The fund is an actively managed fund of funds that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation. DWAW was launched on Dec 26, 2019 and is managed by AdvisorShares.