AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Short Interest Update

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 1,900 shares, a growth of 72.7% from the February 28th total of 1,100 shares. Based on an average daily volume of 2,700 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the company’s shares are short sold.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Performance

Shares of NASDAQ:DWUS opened at $46.20 on Monday. AdvisorShares Dorsey Wright FSM US Core ETF has a 1 year low of $40.88 and a 1 year high of $51.79. The stock has a 50-day simple moving average of $49.15 and a 200-day simple moving average of $48.56. The stock has a market capitalization of $109.03 million, a P/E ratio of 25.58 and a beta of 0.96.

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

A hedge fund recently bought a new stake in AdvisorShares Dorsey Wright FSM US Core ETF stock. Virtus Wealth Solutions LLC purchased a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,618,204 shares of the company’s stock, valued at approximately $77,819,000. AdvisorShares Dorsey Wright FSM US Core ETF accounts for approximately 18.3% of Virtus Wealth Solutions LLC’s investment portfolio, making the stock its largest position. Virtus Wealth Solutions LLC owned 68.57% of AdvisorShares Dorsey Wright FSM US Core ETF as of its most recent filing with the Securities and Exchange Commission.

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.