AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) Short Interest Update

AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 1,096 shares, a decrease of 51.9% from the December 31st total of 2,279 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 5,094 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 5,094 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On AdvisorShares Q Dynamic Growth ETF

Hedge funds have recently modified their holdings of the company. Encompass More Asset Management raised its position in shares of AdvisorShares Q Dynamic Growth ETF by 50.9% during the 3rd quarter. Encompass More Asset Management now owns 241,323 shares of the company’s stock valued at $10,367,000 after purchasing an additional 81,445 shares during the period. Foundations Investment Advisors LLC bought a new position in AdvisorShares Q Dynamic Growth ETF in the 3rd quarter worth $785,000. Osaic Holdings Inc. increased its stake in AdvisorShares Q Dynamic Growth ETF by 19.4% in the 2nd quarter. Osaic Holdings Inc. now owns 70,474 shares of the company’s stock worth $2,729,000 after buying an additional 11,435 shares in the last quarter. Legacy Wealth Managment LLC ID raised its holdings in AdvisorShares Q Dynamic Growth ETF by 45.8% during the second quarter. Legacy Wealth Managment LLC ID now owns 19,157 shares of the company’s stock valued at $742,000 after acquiring an additional 6,022 shares during the period. Finally, CWM LLC purchased a new position in shares of AdvisorShares Q Dynamic Growth ETF in the third quarter valued at about $54,000.

AdvisorShares Q Dynamic Growth ETF Stock Up 0.5%

QPX stock opened at $46.63 on Thursday. AdvisorShares Q Dynamic Growth ETF has a twelve month low of $30.65 and a twelve month high of $46.65. The stock has a market cap of $35.44 million, a P/E ratio of 26.24 and a beta of 1.07. The business’s 50-day moving average price is $44.80 and its 200-day moving average price is $42.81.

About AdvisorShares Q Dynamic Growth ETF

The AdvisorShares Q Dynamic Growth ETF (QPX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to maximize long-term growth through equity exposure while tactically managing downside risk. QPX was launched on Dec 28, 2020 and is managed by AdvisorShares.