AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Sees Large Drop in Short Interest

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 2,600 shares, a decrease of 27.8% from the September 30th total of 3,600 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 2.6 days. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 2.6 days. Approximately 0.1% of the shares of the stock are short sold.

AdvisorShares Dorsey Wright FSM All Cap World ETF Trading Down 1.7%

DWAW stock opened at $43.51 on Wednesday. The company’s 50 day moving average is $43.40 and its 200 day moving average is $41.49. The stock has a market cap of $83.54 million, a price-to-earnings ratio of 24.84 and a beta of 1.01. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 1-year low of $32.66 and a 1-year high of $45.02.

Institutional Inflows and Outflows

An institutional investor recently raised its position in AdvisorShares Dorsey Wright FSM All Cap World ETF stock. Prospera Financial Services Inc increased its stake in AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) by 2.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 151,694 shares of the company’s stock after purchasing an additional 3,048 shares during the period. Prospera Financial Services Inc owned approximately 7.74% of AdvisorShares Dorsey Wright FSM All Cap World ETF worth $6,306,000 as of its most recent SEC filing.

AdvisorShares Dorsey Wright FSM All Cap World ETF Company Profile

The AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW) is an exchange-traded fund that is based on the FTSE Global All Cap index. The fund is an actively managed fund of funds that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation. DWAW was launched on Dec 26, 2019 and is managed by AdvisorShares.