AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS – Get Free Report) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 277 shares, a growth of 118.1% from the May 31st total of 127 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 747 shares, the short-interest ratio is presently 0.4 days.
AdvisorShares Dorsey Wright FSM US Core ETF Stock Up 2.0%
Shares of DWUS stock opened at $63.70 on Thursday. AdvisorShares Dorsey Wright FSM US Core ETF has a 12-month low of $49.38 and a 12-month high of $63.93. The company has a market capitalization of $135.04 million, a PE ratio of 27.28 and a beta of 1.01. The firm has a 50 day moving average price of $60.06 and a two-hundred day moving average price of $56.02.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Logan Capital Management Inc. acquired a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the fourth quarter worth $434,000. Osaic Holdings Inc. increased its holdings in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 1.6% during the fourth quarter. Osaic Holdings Inc. now owns 410,508 shares of the company’s stock worth $22,257,000 after purchasing an additional 6,421 shares during the period. MML Investors Services LLC increased its holdings in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 21.7% during the fourth quarter. MML Investors Services LLC now owns 32,283 shares of the company’s stock worth $1,750,000 after purchasing an additional 5,767 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the second quarter valued at approximately $141,000. Finally, Commonwealth Equity Services LLC raised its position in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 4.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 9,471 shares of the company’s stock valued at $513,000 after buying an additional 375 shares in the last quarter.
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.
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