AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLO) Sees Large Decrease in Short Interest

Posted by Renee Jackson on Oct 14th, 2026

AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLO – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 67,432 shares, a drop of 61.1% from the September 15th total of 173,490 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 41,555 shares, the short-interest ratio is presently 1.6 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Kingsbury Capital Investment Advisors LLC purchased a new position in AdvisorShares Pure Cannabis ETF during the second quarter valued at approximately $30,000. Sankala Group LLC purchased a new position in shares of AdvisorShares Pure Cannabis ETF in the fourth quarter worth $40,000. Finally, Heritage Oak Wealth Advisors LLC lifted its position in AdvisorShares Pure Cannabis ETF by 5.2% during the 1st quarter. Heritage Oak Wealth Advisors LLC now owns 626,886 shares of the company’s stock worth $1,649,000 after acquiring an additional 31,218 shares during the period.

AdvisorShares Pure Cannabis ETF Stock Down 3.4%

AdvisorShares Pure Cannabis ETF stock traded down $0.09 during midday trading on Wednesday, reaching $2.54. 32,624 shares of the stock traded hands, compared to its average volume of 43,822. The stock’s fifty day moving average is $2.96 and its 200-day moving average is $2.89. AdvisorShares Pure Cannabis ETF has a 12 month low of $2.39 and a 12 month high of $4.53. The stock has a market cap of $29.24 million, a P/E ratio of 21.88 and a beta of 1.32.

About AdvisorShares Pure Cannabis ETF

(Get Free Report)

The AdvisorShares Pure Cannabis ETF (YOLO) is an exchange-traded fund that is based on the Prime Alternative Harvest index. The fund is an actively-managed ETF that seeks long-term capital appreciation by investing in both domestic and foreign cannabis equities, as well as total return swaps of similar securities. YOLO was launched on Apr 17, 2019 and is managed by AdvisorShares.