Short Interest in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Declines By 7.9%

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) was the target of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 7,000 shares, a decrease of 7.9% from the November 15th total of 7,600 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is presently 6.4 days.

AdvisorShares Dorsey Wright FSM US Core ETF Trading Down 1.1 %

Shares of AdvisorShares Dorsey Wright FSM US Core ETF stock traded down $0.57 during midday trading on Tuesday, reaching $49.45. The company had a trading volume of 4,583 shares, compared to its average volume of 1,584. The stock has a fifty day simple moving average of $48.62 and a 200 day simple moving average of $46.96. AdvisorShares Dorsey Wright FSM US Core ETF has a 1-year low of $39.04 and a 1-year high of $50.25. The company has a market capitalization of $119.67 million, a price-to-earnings ratio of 24.31 and a beta of 0.96.

Institutional Investors Weigh In On AdvisorShares Dorsey Wright FSM US Core ETF

An institutional investor recently bought a new position in AdvisorShares Dorsey Wright FSM US Core ETF stock. Private Advisory Group LLC purchased a new stake in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 4,767 shares of the company’s stock, valued at approximately $225,000. Private Advisory Group LLC owned about 0.20% of AdvisorShares Dorsey Wright FSM US Core ETF as of its most recent SEC filing.

AdvisorShares Dorsey Wright FSM US Core ETF Company Profile

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.