AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Sees Significant Growth in Short Interest

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) saw a large growth in short interest in February. As of February 15th, there was short interest totalling 200 shares, a growth of 100.0% from the January 31st total of 100 shares. Based on an average trading volume of 2,500 shares, the days-to-cover ratio is presently 0.1 days.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Up 0.8 %

DWUS stock traded up $0.40 during trading on Friday, reaching $49.31. The company’s stock had a trading volume of 573 shares, compared to its average volume of 2,261. The company’s fifty day moving average is $49.80 and its 200-day moving average is $48.32. The company has a market capitalization of $116.37 million, a P/E ratio of 27.86 and a beta of 0.99. AdvisorShares Dorsey Wright FSM US Core ETF has a 1 year low of $40.88 and a 1 year high of $51.79.

AdvisorShares Dorsey Wright FSM US Core ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 23rd were given a $0.0869 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in AdvisorShares Dorsey Wright FSM US Core ETF stock. Virtus Wealth Solutions LLC acquired a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,618,204 shares of the company’s stock, valued at approximately $77,819,000. AdvisorShares Dorsey Wright FSM US Core ETF accounts for 18.3% of Virtus Wealth Solutions LLC’s investment portfolio, making the stock its biggest position. Virtus Wealth Solutions LLC owned about 68.57% of AdvisorShares Dorsey Wright FSM US Core ETF as of its most recent filing with the SEC.

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.