AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Short Interest Up 15.2% in November

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 7,600 shares, an increase of 15.2% from the October 31st total of 6,600 shares. Based on an average trading volume of 1,200 shares, the days-to-cover ratio is currently 6.3 days.

Institutional Trading of AdvisorShares Dorsey Wright FSM US Core ETF

An institutional investor recently bought a new position in AdvisorShares Dorsey Wright FSM US Core ETF stock. Private Advisory Group LLC acquired a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,767 shares of the company’s stock, valued at approximately $225,000. Private Advisory Group LLC owned approximately 0.20% of AdvisorShares Dorsey Wright FSM US Core ETF as of its most recent SEC filing.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Up 0.4 %

NASDAQ:DWUS traded up $0.18 during trading hours on Tuesday, reaching $49.87. The company had a trading volume of 18 shares, compared to its average volume of 1,602. AdvisorShares Dorsey Wright FSM US Core ETF has a twelve month low of $37.99 and a twelve month high of $49.95. The firm has a market cap of $120.69 million, a price-to-earnings ratio of 24.31 and a beta of 0.96. The business’s 50-day simple moving average is $48.11 and its two-hundred day simple moving average is $46.65.

About AdvisorShares Dorsey Wright FSM US Core ETF

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.