AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Short Interest Down 13.4% in March

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totalling 7,100 shares, a decline of 13.4% from the March 15th total of 8,200 shares. Based on an average daily volume of 2,200 shares, the short-interest ratio is currently 3.2 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DWAW. UBS Group AG grew its position in AdvisorShares Dorsey Wright FSM All Cap World ETF by 346.1% in the first quarter. UBS Group AG now owns 1,026 shares of the company’s stock worth $35,000 after acquiring an additional 796 shares in the last quarter. Captrust Financial Advisors purchased a new position in AdvisorShares Dorsey Wright FSM All Cap World ETF in the first quarter worth $99,000. Royal Bank of Canada grew its position in AdvisorShares Dorsey Wright FSM All Cap World ETF by 9.6% in the first quarter. Royal Bank of Canada now owns 5,610 shares of the company’s stock worth $192,000 after acquiring an additional 491 shares in the last quarter. Prospera Financial Services Inc grew its position in AdvisorShares Dorsey Wright FSM All Cap World ETF by 17.8% in the first quarter. Prospera Financial Services Inc now owns 124,633 shares of the company’s stock worth $3,879,000 after acquiring an additional 18,866 shares in the last quarter. Finally, Susquehanna International Group LLP grew its position in AdvisorShares Dorsey Wright FSM All Cap World ETF by 102.6% in the first quarter. Susquehanna International Group LLP now owns 13,716 shares of the company’s stock worth $427,000 after acquiring an additional 6,946 shares in the last quarter.

AdvisorShares Dorsey Wright FSM All Cap World ETF Trading Up 0.3 %

Shares of DWAW traded up $0.09 during mid-day trading on Tuesday, reaching $35.96. 1,301 shares of the stock traded hands, compared to its average volume of 2,874. The firm has a fifty day moving average price of $36.42 and a 200 day moving average price of $33.83. The company has a market cap of $74.80 million, a price-to-earnings ratio of 14.08 and a beta of 0.91. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 1 year low of $28.75 and a 1 year high of $37.50.

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.