AdvisorShares Gerber Kawasaki ETF (NYSEARCA:GK) Short Interest Update

AdvisorShares Gerber Kawasaki ETF (NYSEARCA:GKGet Free Report) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 1,906 shares, a growth of 74.2% from the February 12th total of 1,094 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 1,275 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily volume of 1,275 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in AdvisorShares Gerber Kawasaki ETF stock. Gerber Kawasaki Wealth & Investment Management boosted its holdings in AdvisorShares Gerber Kawasaki ETF (NYSEARCA:GKFree Report) by 1.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 934,728 shares of the company’s stock after buying an additional 14,239 shares during the quarter. Gerber Kawasaki Wealth & Investment Management owned approximately 87.36% of AdvisorShares Gerber Kawasaki ETF worth $23,952,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 91.13% of the company’s stock.

AdvisorShares Gerber Kawasaki ETF Price Performance

GK stock opened at $24.58 on Friday. The stock has a market cap of $26.30 million, a price-to-earnings ratio of 8.62 and a beta of 1.35. The company has a 50 day simple moving average of $25.64 and a 200 day simple moving average of $25.80. AdvisorShares Gerber Kawasaki ETF has a 1 year low of $16.95 and a 1 year high of $26.83.

About AdvisorShares Gerber Kawasaki ETF

(Get Free Report)

The AdvisorShares Gerber Kawasaki ETF (GK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that offers exposure to a portfolio of US growth stocks across multiple investment themes believed to represent top thematic macro opportunities. GK was launched on Jul 2, 2021 and is managed by AdvisorShares.

Further Reading

Receive News & Ratings for AdvisorShares Gerber Kawasaki ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AdvisorShares Gerber Kawasaki ETF and related companies with MarketBeat.com's FREE daily email newsletter.