AdvisorShares Vice ETF (NYSEARCA:VICE) Sees Large Growth in Short Interest

AdvisorShares Vice ETF (NYSEARCA:VICE) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 205 shares, a growth of 57.7% from the December 15th total of 130 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 353 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 353 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On AdvisorShares Vice ETF

A hedge fund recently raised its stake in AdvisorShares Vice ETF stock. Financial Perspectives Inc grew its stake in shares of AdvisorShares Vice ETF (NYSEARCA:VICE) by 13.9% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,829 shares of the company’s stock after purchasing an additional 346 shares during the quarter. Financial Perspectives Inc owned approximately 1.26% of AdvisorShares Vice ETF worth $97,000 at the end of the most recent quarter.

AdvisorShares Vice ETF Trading Up 0.3%

Shares of NYSEARCA:VICE traded up $0.11 on Friday, reaching $32.56. 1,536 shares of the company traded hands, compared to its average volume of 714. The stock has a market capitalization of $7.16 million, a P/E ratio of 14.11 and a beta of 0.90. The business’s 50-day simple moving average is $32.09 and its 200 day simple moving average is $33.93. AdvisorShares Vice ETF has a 52 week low of $28.85 and a 52 week high of $36.53.

About AdvisorShares Vice ETF

The AdvisorShares Vice ETF (VICE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in US companies involved in alcohol and tobacco, food and beverage, and gaming-related activities. VICE was launched on Dec 12, 2017 and is managed by AdvisorShares.