AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Sees Significant Growth in Short Interest

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 120 shares, a growth of 79.1% from the April 30th total of 67 shares. Based on an average daily volume of 1,834 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DWUS. Private Advisory Group LLC lifted its position in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 7.6% during the fourth quarter. Private Advisory Group LLC now owns 4,449 shares of the company’s stock worth $241,000 after purchasing an additional 316 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 4.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 9,471 shares of the company’s stock valued at $513,000 after buying an additional 375 shares during the period. Raymond James Financial Inc. purchased a new position in AdvisorShares Dorsey Wright FSM US Core ETF in the second quarter valued at about $141,000. MML Investors Services LLC boosted its holdings in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 21.7% in the 4th quarter. MML Investors Services LLC now owns 32,283 shares of the company’s stock valued at $1,750,000 after buying an additional 5,767 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 1.6% in the 4th quarter. Osaic Holdings Inc. now owns 410,508 shares of the company’s stock valued at $22,257,000 after buying an additional 6,421 shares in the last quarter.

AdvisorShares Dorsey Wright FSM US Core ETF Price Performance

DWUS stock opened at $62.73 on Thursday. AdvisorShares Dorsey Wright FSM US Core ETF has a 1-year low of $49.27 and a 1-year high of $62.81. The company has a market capitalization of $132.99 million, a price-to-earnings ratio of 27.28 and a beta of 1.01. The business has a 50 day simple moving average of $56.37 and a two-hundred day simple moving average of $54.89.

AdvisorShares Dorsey Wright FSM US Core ETF Company Profile

The AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) is an exchange-traded fund that is based on the S&P 500 Managed Risk 2.0 index. The fund is an actively managed fund of funds of US large-caps that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation. DWUS was launched on Dec 26, 2019 and is managed by AdvisorShares.