AdvisorShares Focused Equity ETF (NYSEARCA:CWS) Short Interest Update

AdvisorShares Focused Equity ETF (NYSEARCA:CWS) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 50 shares, a decline of 91.8% from the August 31st total of 609 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 5,891 shares, the days-to-cover ratio is currently 0.0 days.

AdvisorShares Focused Equity ETF Stock Performance

Shares of NYSEARCA CWS traded up $0.06 during trading hours on Friday, hitting $67.31. The stock had a trading volume of 11,489 shares, compared to its average volume of 9,693. The company has a market capitalization of $119.14 million, a P/E ratio of 143.21 and a beta of 0.92. The firm’s 50-day moving average price is $70.80 and its two-hundred day moving average price is $68.50. AdvisorShares Focused Equity ETF has a 52 week low of $63.09 and a 52 week high of $74.05.

Institutional Investors Weigh In On AdvisorShares Focused Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Cibc World Market Inc. boosted its holdings in AdvisorShares Focused Equity ETF by 1.9% in the fourth quarter. Cibc World Market Inc. now owns 127,503 shares of the company’s stock worth $8,763,000 after purchasing an additional 2,320 shares in the last quarter. Kestra Advisory Services LLC raised its stake in shares of AdvisorShares Focused Equity ETF by 1.7% in the 1st quarter. Kestra Advisory Services LLC now owns 98,134 shares of the company’s stock valued at $6,355,000 after acquiring an additional 1,670 shares in the last quarter. Cetera Investment Advisers raised its position in shares of AdvisorShares Focused Equity ETF by 3.4% in the first quarter. Cetera Investment Advisers now owns 68,388 shares of the company’s stock valued at $4,429,000 after purchasing an additional 2,260 shares during the period. Mason & Associates Inc raised its position in shares of AdvisorShares Focused Equity ETF by 6.6% in the first quarter. Mason & Associates Inc now owns 48,375 shares of the company’s stock valued at $3,066,000 after purchasing an additional 2,999 shares during the period. Finally, Stone Wealth Partners bought a new position in shares of AdvisorShares Focused Equity ETF in the fourth quarter valued at approximately $2,329,000. Institutional investors and hedge funds own 7.19% of the company’s stock.

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.