AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Sees Large Increase in Short Interest

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUSGet Free Report) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 1,100 shares, a growth of 450.0% from the February 13th total of 200 shares. Based on an average daily volume of 2,600 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company’s stock are sold short.

AdvisorShares Dorsey Wright FSM US Core ETF Trading Up 1.2 %

Shares of DWUS stock traded up $0.56 during trading hours on Friday, hitting $46.04. 250 shares of the company were exchanged, compared to its average volume of 2,110. The firm has a fifty day simple moving average of $49.49 and a 200 day simple moving average of $48.37. AdvisorShares Dorsey Wright FSM US Core ETF has a 52-week low of $40.88 and a 52-week high of $51.79. The stock has a market capitalization of $108.65 million, a price-to-earnings ratio of 27.86 and a beta of 0.96.

AdvisorShares Dorsey Wright FSM US Core ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 23rd were given a dividend of $0.0869 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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

A hedge fund recently bought a new stake in AdvisorShares Dorsey Wright FSM US Core ETF stock. Virtus Wealth Solutions LLC purchased a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUSFree Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,618,204 shares of the company’s stock, valued at approximately $77,819,000. AdvisorShares Dorsey Wright FSM US Core ETF comprises approximately 18.3% of Virtus Wealth Solutions LLC’s portfolio, making the stock its biggest position. Virtus Wealth Solutions LLC owned about 68.57% of AdvisorShares Dorsey Wright FSM US Core ETF at the end of the most recent quarter.

About AdvisorShares Dorsey Wright FSM US Core ETF

(Get Free Report)

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.

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