Short Interest in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Drops By 22.4%

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUSGet Free Report) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 4,500 shares, a decrease of 22.4% from the December 31st total of 5,800 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is presently 2.4 days.

AdvisorShares Dorsey Wright FSM US Core ETF Trading Up 1.4 %

Shares of DWUS traded up $0.68 during mid-day trading on Friday, hitting $50.48. The company’s stock had a trading volume of 2 shares, compared to its average volume of 1,970. AdvisorShares Dorsey Wright FSM US Core ETF has a 52-week low of $40.15 and a 52-week high of $51.10. The company’s 50-day moving average is $49.35 and its 200-day moving average is $47.50. The firm has a market capitalization of $119.13 million, a price-to-earnings ratio of 24.31 and a beta of 0.96.

AdvisorShares Dorsey Wright FSM US Core ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.0869 per share. The ex-dividend date of this dividend 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. Private Advisory Group LLC acquired a new stake in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUSFree Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,767 shares of the company’s stock, valued at approximately $225,000. Private Advisory Group LLC owned approximately 0.20% of AdvisorShares Dorsey Wright FSM US Core ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About AdvisorShares Dorsey Wright FSM US Core ETF

(Get Free Report)

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.

Further Reading

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