Short Interest in AdvisorShares Focused Equity ETF (NYSEARCA:CWS) Grows By 39.0%

AdvisorShares Focused Equity ETF (NYSEARCA:CWS) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 13,218 shares, a growth of 39.0% from the December 31st total of 9,510 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 16,595 shares, the short-interest ratio is presently 0.8 days. Based on an average daily trading volume, of 16,595 shares, the short-interest ratio is presently 0.8 days. Approximately 0.5% of the shares of the stock are sold short.

Institutional Investors Weigh In On AdvisorShares Focused Equity ETF

Large investors have recently made changes to their positions in the company. Assetmark Inc. boosted its stake in shares of AdvisorShares Focused Equity ETF by 86.0% during the 2nd quarter. Assetmark Inc. now owns 372 shares of the company’s stock worth $26,000 after acquiring an additional 172 shares in the last quarter. Raymond James Financial Inc. acquired a new position in AdvisorShares Focused Equity ETF in the 2nd quarter valued at $86,000. Global Assets Advisory LLC bought a new position in AdvisorShares Focused Equity ETF in the 3rd quarter worth $205,000. Aviso Financial Inc. acquired a new position in AdvisorShares Focused Equity ETF during the 2nd quarter worth $218,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in AdvisorShares Focused Equity ETF by 7.7% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,503 shares of the company’s stock valued at $240,000 after acquiring an additional 249 shares during the period. Institutional investors own 7.19% of the company’s stock.

AdvisorShares Focused Equity ETF Trading Down 1.0%

Shares of CWS traded down $0.71 during midday trading on Friday, hitting $68.66. The stock had a trading volume of 11,121 shares, compared to its average volume of 13,026. AdvisorShares Focused Equity ETF has a fifty-two week low of $58.36 and a fifty-two week high of $72.08. The firm has a market cap of $179.20 million, a P/E ratio of 146.09 and a beta of 0.97. The business has a 50-day simple moving average of $69.86 and a two-hundred day simple moving average of $69.00.

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.