AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) Short Interest Update

AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 1,872 shares, an increase of 89.3% from the August 31st total of 989 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,195 shares, the days-to-cover ratio is currently 0.3 days.

AdvisorShares Q Dynamic Growth ETF Stock Down 0.0%

Shares of NYSEARCA QPX traded down $0.02 during mid-day trading on Wednesday, reaching $48.28. 977 shares of the company were exchanged, compared to its average volume of 3,273. AdvisorShares Q Dynamic Growth ETF has a 52 week low of $41.16 and a 52 week high of $49.85. The company’s 50 day moving average price is $48.45 and its 200 day moving average price is $47.21. The stock has a market capitalization of $33.31 million, a PE ratio of 26.24 and a beta of 1.08.

Hedge Funds Weigh In On AdvisorShares Q Dynamic Growth ETF

An institutional investor recently raised its stake in AdvisorShares Q Dynamic Growth ETF stock. Professional Financial Advisors LLC lifted its position in AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) by 0.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 65,220 shares of the company’s stock after purchasing an additional 475 shares during the quarter. AdvisorShares Q Dynamic Growth ETF accounts for about 0.6% of Professional Financial Advisors LLC’s holdings, making the stock its 28th largest holding. Professional Financial Advisors LLC owned approximately 9.59% of AdvisorShares Q Dynamic Growth ETF worth $3,186,000 at the end of the most recent reporting 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.