Short Interest in AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Decreases By 5.8%

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 6,500 shares, a decrease of 5.8% from the November 30th total of 6,900 shares. Based on an average trading volume of 1,100 shares, the short-interest ratio is currently 5.9 days.

Hedge Funds Weigh In On AdvisorShares Dorsey Wright FSM All Cap World ETF

An institutional investor recently raised its position in AdvisorShares Dorsey Wright FSM All Cap World ETF stock. Private Advisory Group LLC lifted its stake in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) by 23.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,588 shares of the company’s stock after purchasing an additional 1,982 shares during the quarter. Private Advisory Group LLC owned about 0.52% of AdvisorShares Dorsey Wright FSM All Cap World ETF worth $415,000 at the end of the most recent reporting period.

AdvisorShares Dorsey Wright FSM All Cap World ETF Stock Performance

Shares of NASDAQ:DWAW traded down $0.24 during trading on Wednesday, reaching $40.15. The stock had a trading volume of 48 shares, compared to its average volume of 2,132. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 52 week low of $32.82 and a 52 week high of $42.52. The firm’s fifty day moving average is $40.99 and its 200 day moving average is $39.43. The stock has a market cap of $82.31 million, a price-to-earnings ratio of 15.05 and a beta of 0.91.

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.