AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) Short Interest Up 127.3% in October

AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 2,500 shares, a growth of 127.3% from the September 30th total of 1,100 shares. Based on an average daily trading volume, of 3,200 shares, the short-interest ratio is currently 0.8 days. Currently, 0.3% of the shares of the stock are short sold. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,200 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On AdvisorShares Q Dynamic Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in QPX. Envestnet Asset Management Inc. lifted its stake in shares of AdvisorShares Q Dynamic Growth ETF by 2.4% in the first quarter. Envestnet Asset Management Inc. now owns 20,724 shares of the company’s stock worth $712,000 after acquiring an additional 494 shares during the period. Encompass More Asset Management lifted its holdings in AdvisorShares Q Dynamic Growth ETF by 1.5% in the first quarter. Encompass More Asset Management now owns 165,107 shares of the company’s stock valued at $5,670,000 after buying an additional 2,422 shares during the period. Legacy Wealth Managment LLC ID lifted its holdings in AdvisorShares Q Dynamic Growth ETF by 45.8% in 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 period. Sentinus LLC lifted its holdings in AdvisorShares Q Dynamic Growth ETF by 0.8% in the second quarter. Sentinus LLC now owns 33,214 shares of the company’s stock valued at $1,287,000 after buying an additional 268 shares during the period. Finally, Osaic Holdings Inc. lifted its holdings in AdvisorShares Q Dynamic Growth ETF by 19.4% in the second quarter. Osaic Holdings Inc. now owns 70,474 shares of the company’s stock valued at $2,729,000 after buying an additional 11,435 shares during the period.

AdvisorShares Q Dynamic Growth ETF Trading Down 0.9%

Shares of QPX stock opened at $43.98 on Friday. The business’s 50-day moving average price is $42.39 and its 200-day moving average price is $39.22. AdvisorShares Q Dynamic Growth ETF has a 12 month low of $30.65 and a 12 month high of $44.61. The firm has a market capitalization of $32.11 million, a price-to-earnings ratio of 26.24 and a beta of 1.07.

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.