Short Interest in AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Declines By 76.0%

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) saw a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 5,800 shares, a drop of 76.0% from the October 15th total of 24,200 shares. Based on an average trading volume of 1,800 shares, the days-to-cover ratio is presently 3.2 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in AdvisorShares Dorsey Wright FSM All Cap World ETF stock. Private Advisory Group LLC raised its position in AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) by 3.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,606 shares of the company’s stock after buying an additional 297 shares during the quarter. Private Advisory Group LLC owned about 0.42% of AdvisorShares Dorsey Wright FSM All Cap World ETF worth $336,000 at the end of the most recent reporting period.

AdvisorShares Dorsey Wright FSM All Cap World ETF Trading Up 0.1 %

NASDAQ DWAW traded up $0.04 during trading hours on Wednesday, hitting $41.30. 1,821 shares of the company’s stock were exchanged, compared to its average volume of 2,355. The stock has a 50-day simple moving average of $39.15 and a 200 day simple moving average of $38.38. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 1-year low of $31.83 and a 1-year high of $41.53. The firm has a market cap of $84.67 million, a price-to-earnings ratio of 15.05 and a beta of 0.91.

About AdvisorShares Dorsey Wright FSM All Cap World ETF

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.