Short Interest in AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Decreases By 21.7%

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 3,600 shares, a decline of 21.7% from the February 28th total of 4,600 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 2,000 shares, the short-interest ratio is currently 1.8 days.

Hedge Funds Weigh In On AdvisorShares Dorsey Wright FSM All Cap World ETF

Large investors have recently modified their holdings of the business. Harvest Investment Services LLC bought a new position in AdvisorShares Dorsey Wright FSM All Cap World ETF during the 4th quarter worth $380,000. Virtus Wealth Solutions LLC bought a new stake in AdvisorShares Dorsey Wright FSM All Cap World ETF in the fourth quarter valued at approximately $63,274,000. Raymond James Financial Inc. acquired a new position in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF in the 4th quarter worth approximately $711,000. LPL Financial LLC boosted its position in AdvisorShares Dorsey Wright FSM All Cap World ETF by 20.7% during the fourth quarter. LPL Financial LLC now owns 8,505 shares of the company’s stock valued at $341,000 after acquiring an additional 1,458 shares during the last quarter. Finally, Farther Finance Advisors LLC acquired a new position in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF in the 4th quarter valued at about $29,000.

AdvisorShares Dorsey Wright FSM All Cap World ETF Stock Down 0.4 %

Shares of NASDAQ DWAW traded down $0.14 during midday trading on Tuesday, reaching $36.86. 102 shares of the company were exchanged, compared to its average volume of 1,670. The stock’s 50-day moving average price is $39.99 and its 200-day moving average price is $40.23. The stock has a market cap of $75.94 million, a P/E ratio of 24.17 and a beta of 0.91. AdvisorShares Dorsey Wright FSM All Cap World ETF has a one year low of $34.41 and a one year high of $42.54.

About AdvisorShares Dorsey Wright FSM All Cap World ETF

The AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW) is an exchange-traded fund that is based on the FTSE Global All Cap index. The fund is an actively managed fund of funds that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation. DWAW was launched on Dec 26, 2019 and is managed by AdvisorShares.