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

AdvisorShares Focused Equity ETF (NYSEARCA:CWS) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 2,343 shares, an increase of 543.7% from the July 15th total of 364 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 3,827 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Royal Bank of Canada purchased a new position in AdvisorShares Focused Equity ETF during the first quarter worth about $52,000. Raymond James Financial Inc. purchased a new stake in shares of AdvisorShares Focused Equity ETF in the 2nd quarter valued at about $86,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in shares of AdvisorShares Focused Equity ETF by 33.9% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,258 shares of the company’s stock valued at $290,000 after acquiring an additional 1,078 shares in the last quarter. Cornerstone Wealth Management LLC raised its holdings in shares of AdvisorShares Focused Equity ETF by 35.8% in the 4th quarter. Cornerstone Wealth Management LLC now owns 6,303 shares of the company’s stock valued at $433,000 after acquiring an additional 1,663 shares in the last quarter. Finally, Beacon Pointe Advisors LLC boosted its position in shares of AdvisorShares Focused Equity ETF by 9.2% during the 4th quarter. Beacon Pointe Advisors LLC now owns 7,146 shares of the company’s stock valued at $491,000 after acquiring an additional 600 shares during the last quarter. Institutional investors own 7.19% of the company’s stock.

AdvisorShares Focused Equity ETF Trading Up 0.1%

AdvisorShares Focused Equity ETF stock opened at $73.36 on Friday. AdvisorShares Focused Equity ETF has a 1-year low of $63.09 and a 1-year high of $73.60. The firm has a market capitalization of $134.98 million, a PE ratio of 156.09 and a beta of 0.92. The firm’s 50 day simple moving average is $69.32 and its 200 day simple moving average is $68.02.

About AdvisorShares Focused Equity ETF

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.