AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Short Interest Update

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) was the target of a large decline in short interest in November. As of November 30th, there was short interest totalling 7,000 shares, a decline of 7.9% from the November 15th total of 7,600 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is currently 6.4 days.

AdvisorShares Dorsey Wright FSM US Core ETF Price Performance

NASDAQ DWUS traded up $0.13 during trading hours on Monday, reaching $49.64. 1,000 shares of the company’s stock traded hands, compared to its average volume of 1,578. AdvisorShares Dorsey Wright FSM US Core ETF has a 52-week low of $39.04 and a 52-week high of $50.25. The firm has a 50-day simple moving average of $48.56 and a 200 day simple moving average of $46.92. The firm has a market cap of $120.13 million, a PE ratio of 24.31 and a beta of 0.96.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AdvisorShares Dorsey Wright FSM US Core ETF stock. Private Advisory Group LLC purchased a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 4,767 shares of the company’s stock, valued at approximately $225,000. Private Advisory Group LLC owned about 0.20% of AdvisorShares Dorsey Wright FSM US Core ETF as of its most recent filing with the Securities and Exchange Commission.

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.