Short Interest in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Decreases By 83.3%

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 200 shares, a drop of 83.3% from the February 29th total of 1,200 shares. Based on an average daily trading volume, of 2,500 shares, the short-interest ratio is presently 0.1 days.

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

A number of large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the 1st quarter worth $626,000. UBS Group AG lifted its holdings in AdvisorShares Dorsey Wright FSM US Core ETF by 255.1% in the third quarter. UBS Group AG now owns 2,262 shares of the company’s stock valued at $68,000 after acquiring an additional 1,625 shares during the period. Finally, Snowden Capital Advisors LLC grew its stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 6.0% during the 1st quarter. Snowden Capital Advisors LLC now owns 8,027 shares of the company’s stock valued at $269,000 after purchasing an additional 455 shares during the period.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Performance

NASDAQ:DWUS remained flat at $44.33 during mid-day trading on Thursday. The company’s stock had a trading volume of 3 shares, compared to its average volume of 2,187. The firm’s 50-day simple moving average is $42.69 and its two-hundred day simple moving average is $39.36. The stock has a market capitalization of $105.51 million, a PE ratio of 18.86 and a beta of 0.96. AdvisorShares Dorsey Wright FSM US Core ETF has a fifty-two week low of $32.81 and a fifty-two week high of $44.68.

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.