AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Stock Short Interest Declines 80.9%

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS – Get Free Report) was the target of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 200 shares, a decrease of 80.9% from the August 31st total of 1,048 shares. Based on an average daily volume of 1,992 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Montanova Capital LLC bought a new stake in AdvisorShares Dorsey Wright FSM US Core ETF during the 2nd quarter worth approximately $620,334,000. Compass Financial Management LLC bought a new position in AdvisorShares Dorsey Wright FSM US Core ETF in the 2nd quarter valued at $41,029,000. Corient Private Wealth LP acquired a new position in AdvisorShares Dorsey Wright FSM US Core ETF in the second quarter worth $17,916,000. A. D. Beadell Investment Counsel Inc. bought a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the second quarter worth $5,249,000. Finally, Proficio Capital Partners LLC acquired a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the second quarter valued at $4,499,000.

AdvisorShares Dorsey Wright FSM US Core ETF Trading Up 0.2%

DWUS stock traded up $0.10 during trading on Friday, hitting $59.19. 18 shares of the stock traded hands, compared to its average volume of 1,622. The stock has a market cap of $121.34 million, a price-to-earnings ratio of 27.28 and a beta of 1.01. AdvisorShares Dorsey Wright FSM US Core ETF has a one year low of $49.38 and a one year high of $63.93. The company has a 50 day simple moving average of $59.17 and a 200 day simple moving average of $58.15.

AdvisorShares Dorsey Wright FSM US Core ETF Company Profile

(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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