AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Short Interest Up 72.7% in March

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

AdvisorShares Dorsey Wright FSM US Core ETF Trading Down 2.0 %

Shares of DWUS stock traded down $0.95 during trading hours on Friday, hitting $46.20. 1,275 shares of the company were exchanged, compared to its average volume of 1,681. AdvisorShares Dorsey Wright FSM US Core ETF has a 52 week low of $40.88 and a 52 week high of $51.79. The business has a 50 day moving average of $49.15 and a two-hundred day moving average of $48.51. The company has a market capitalization of $109.03 million, a PE ratio of 25.58 and a beta of 0.96.

Institutional Trading of AdvisorShares Dorsey Wright FSM US Core ETF

An institutional investor recently bought a new position 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) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. 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 makes up approximately 18.3% of Virtus Wealth Solutions LLC’s holdings, making the stock its biggest position. Virtus Wealth Solutions LLC owned 68.57% of AdvisorShares Dorsey Wright FSM US Core ETF as of its most recent SEC filing.

About AdvisorShares Dorsey Wright FSM US Core ETF

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.