AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Short Interest Down 83.3% in March

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 200 shares, a drop of 83.3% from the February 29th total of 1,200 shares. Based on an average daily trading volume, of 2,500 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of AdvisorShares Dorsey Wright FSM US Core ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. UBS Group AG boosted its stake in AdvisorShares Dorsey Wright FSM US Core ETF by 255.1% during the 3rd quarter. UBS Group AG now owns 2,262 shares of the company’s stock worth $68,000 after purchasing an additional 1,625 shares during the period. Snowden Capital Advisors LLC raised its holdings in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 6.0% in the first quarter. Snowden Capital Advisors LLC now owns 8,027 shares of the company’s stock valued at $269,000 after buying an additional 455 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the first quarter worth about $626,000.

AdvisorShares Dorsey Wright FSM US Core ETF Price Performance

NASDAQ:DWUS remained flat at $44.33 during midday trading on Thursday. 3 shares of the company traded hands, compared to its average volume of 2,187. AdvisorShares Dorsey Wright FSM US Core ETF has a 12-month low of $32.81 and a 12-month high of $44.68. The firm has a market capitalization of $105.51 million, a P/E ratio of 18.86 and a beta of 0.96. The stock has a fifty day moving average of $42.69 and a two-hundred day moving average of $39.36.

About AdvisorShares Dorsey Wright FSM US Core ETF

The AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) is an exchange-traded fund that is based on the S&P 500 Managed Risk 2.0 index. The fund is an actively managed fund of funds of US large-caps that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation. DWUS was launched on Dec 26, 2019 and is managed by AdvisorShares.