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

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUSGet Free Report) was the recipient 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. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is currently 0.7 days.

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 bought a new stake in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUSFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,618,204 shares of the company’s stock, valued at approximately $77,819,000. AdvisorShares Dorsey Wright FSM US Core ETF comprises 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 at the end of the most recent quarter.

AdvisorShares Dorsey Wright FSM US Core ETF Price Performance

DWUS stock opened at $46.20 on Monday. The business’s 50-day moving average is $49.15 and its two-hundred day moving average is $48.56. The firm has a market capitalization of $109.03 million, a P/E ratio of 25.58 and a beta of 0.96. 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 Company Profile

(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.

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