AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW – Get Free Report) saw a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 3,600 shares, a decrease of 21.7% from the February 28th total of 4,600 shares. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.2% of the shares of the company are sold short.
AdvisorShares Dorsey Wright FSM All Cap World ETF Price Performance
DWAW traded up $0.18 during trading on Wednesday, hitting $37.54. The stock had a trading volume of 889 shares, compared to its average volume of 1,671. The company has a 50 day moving average price of $39.90 and a 200-day moving average price of $40.22. AdvisorShares Dorsey Wright FSM All Cap World ETF has a one year low of $34.41 and a one year high of $42.54. The firm has a market cap of $77.33 million, a price-to-earnings ratio of 24.17 and a beta of 0.91.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the business. Virtus Wealth Solutions LLC bought a new stake in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF in the fourth quarter valued at approximately $63,274,000. Raymond James Financial Inc. acquired a new position in AdvisorShares Dorsey Wright FSM All Cap World ETF in the 4th quarter valued at approximately $711,000. Harvest Investment Services LLC bought a new position in AdvisorShares Dorsey Wright FSM All Cap World ETF during the 4th quarter worth $380,000. LPL Financial LLC lifted its position in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF by 20.7% in the 4th quarter. LPL Financial LLC now owns 8,505 shares of the company’s stock worth $341,000 after purchasing an additional 1,458 shares during the period. Finally, Farther Finance Advisors LLC bought a new position in AdvisorShares Dorsey Wright FSM All Cap World ETF during the fourth quarter worth $29,000.
About AdvisorShares Dorsey Wright FSM All Cap World ETF
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.
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