AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Sees Significant Decline in Short Interest

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totaling 16,711 shares, a decline of 23.6% from the March 31st total of 21,885 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 1,222 shares, the short-interest ratio is presently 13.7 days.

Institutional Trading of AdvisorShares Dorsey Wright FSM All Cap World ETF

Several large investors have recently added to or reduced their stakes in DWAW. MML Investors Services LLC lifted its stake in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF by 29.4% during the fourth quarter. MML Investors Services LLC now owns 26,542 shares of the company’s stock worth $1,172,000 after purchasing an additional 6,036 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF in the fourth quarter valued at about $89,000. LPL Financial LLC grew its stake in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF by 15.8% in the fourth quarter. LPL Financial LLC now owns 17,001 shares of the company’s stock valued at $751,000 after buying an additional 2,318 shares in the last quarter. Private Advisory Group LLC raised its holdings in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF by 5.8% during the 4th quarter. Private Advisory Group LLC now owns 10,021 shares of the company’s stock valued at $443,000 after buying an additional 553 shares during the period. Finally, Susquehanna International Group LLP raised its holdings in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF by 73.5% during the 3rd quarter. Susquehanna International Group LLP now owns 11,381 shares of the company’s stock valued at $499,000 after buying an additional 4,820 shares during the period.

AdvisorShares Dorsey Wright FSM All Cap World ETF Stock Up 0.0%

Shares of AdvisorShares Dorsey Wright FSM All Cap World ETF stock traded up $0.01 during trading hours on Friday, hitting $47.41. The company’s stock had a trading volume of 346 shares, compared to its average volume of 2,872. The business has a fifty day moving average of $44.78 and a 200 day moving average of $44.57. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 1-year low of $38.28 and a 1-year high of $47.62. The company has a market capitalization of $89.13 million, a PE ratio of 24.84 and a beta of 1.02.

About AdvisorShares Dorsey Wright FSM All Cap World ETF

The AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW) is an exchange-traded fund that is based on the FTSE Global All Cap index. The fund is an actively managed fund of funds that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation. DWAW was launched on Dec 26, 2019 and is managed by AdvisorShares.