AdvisorShares Focused Equity ETF (NYSEARCA:CWS) Short Interest Down 87.6% in March

AdvisorShares Focused Equity ETF (NYSEARCA:CWS) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 399 shares, a decrease of 87.6% from the February 26th total of 3,226 shares. Based on an average daily trading volume, of 5,461 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 5,461 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On AdvisorShares Focused Equity ETF

Several institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in shares of AdvisorShares Focused Equity ETF during the 2nd quarter worth about $86,000. Global Assets Advisory LLC bought a new position in AdvisorShares Focused Equity ETF during the 3rd quarter valued at about $205,000. Aviso Financial Inc. purchased a new stake in AdvisorShares Focused Equity ETF in the 2nd quarter worth about $218,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in AdvisorShares Focused Equity ETF by 7.7% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,503 shares of the company’s stock worth $240,000 after purchasing an additional 249 shares during the last quarter. Finally, Cornerstone Wealth Management LLC lifted its stake in AdvisorShares Focused Equity ETF by 9.5% in the third quarter. Cornerstone Wealth Management LLC now owns 4,640 shares of the company’s stock worth $318,000 after purchasing an additional 402 shares during the last quarter. Institutional investors own 7.19% of the company’s stock.

AdvisorShares Focused Equity ETF Stock Down 0.7%

CWS traded down $0.44 during trading on Tuesday, reaching $64.73. The company had a trading volume of 4,635 shares, compared to its average volume of 10,481. The business has a 50 day simple moving average of $68.30 and a 200-day simple moving average of $68.58. The stock has a market cap of $165.71 million, a P/E ratio of 137.72 and a beta of 0.97. AdvisorShares Focused Equity ETF has a 52 week low of $58.36 and a 52 week high of $72.08.

AdvisorShares Focused Equity ETF Company Profile

The AdvisorShares Focused Equity ETF (CWS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively-managed ETF that aims to achieve long-term capital appreciation and outperform the S&P 500 Index by holding a focused group of US-listed stocks using proprietary models. CWS was launched on Sep 20, 2016 and is managed by AdvisorShares.