AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) Sees Significant Increase in Short Interest

AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 2,128 shares, an increase of 94.2% from the January 15th total of 1,096 shares. Based on an average daily volume of 2,372 shares, the short-interest ratio is currently 0.9 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 2,372 shares, the short-interest ratio is currently 0.9 days.

AdvisorShares Q Dynamic Growth ETF Price Performance

NYSEARCA QPX opened at $44.60 on Friday. The stock has a market capitalization of $33.90 million, a price-to-earnings ratio of 26.24 and a beta of 1.07. AdvisorShares Q Dynamic Growth ETF has a 1-year low of $30.65 and a 1-year high of $46.65. The business’s fifty day moving average price is $45.24 and its 200-day moving average price is $43.24.

Institutional Investors Weigh In On AdvisorShares Q Dynamic Growth ETF

A number of large investors have recently made changes to their positions in the company. CWM LLC bought a new position in shares of AdvisorShares Q Dynamic Growth ETF in the 3rd quarter worth approximately $54,000. Ameriflex Group Inc. grew its position in AdvisorShares Q Dynamic Growth ETF by 100.0% during the third quarter. Ameriflex Group Inc. now owns 2,122 shares of the company’s stock valued at $91,000 after buying an additional 1,061 shares during the period. Legacy Wealth Managment LLC ID increased its holdings in AdvisorShares Q Dynamic Growth ETF by 45.8% during the second quarter. Legacy Wealth Managment LLC ID now owns 19,157 shares of the company’s stock valued at $742,000 after buying an additional 6,022 shares during the last quarter. Foundations Investment Advisors LLC bought a new position in AdvisorShares Q Dynamic Growth ETF in the 3rd quarter worth $785,000. Finally, Sentinus LLC raised its stake in shares of AdvisorShares Q Dynamic Growth ETF by 0.8% in the second quarter. Sentinus LLC now owns 33,214 shares of the company’s stock worth $1,287,000 after buying an additional 268 shares during the period.

AdvisorShares Q Dynamic Growth ETF Company Profile

The AdvisorShares Q Dynamic Growth ETF (QPX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to maximize long-term growth through equity exposure while tactically managing downside risk. QPX was launched on Dec 28, 2020 and is managed by AdvisorShares.