Short Interest in AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) Rises By 94.2%

AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 2,128 shares, a growth of 94.2% from the January 15th total of 1,096 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 2,372 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 2,372 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Investors Weigh In On AdvisorShares Q Dynamic Growth ETF

Large investors have recently made changes to their positions in the company. Encompass More Asset Management grew its holdings in AdvisorShares Q Dynamic Growth ETF by 50.9% in the 3rd quarter. Encompass More Asset Management now owns 241,323 shares of the company’s stock worth $10,367,000 after buying an additional 81,445 shares in the last quarter. Osaic Holdings Inc. grew its stake in shares of AdvisorShares Q Dynamic Growth ETF by 19.4% in the second quarter. Osaic Holdings Inc. now owns 70,474 shares of the company’s stock worth $2,729,000 after purchasing an additional 11,435 shares in the last quarter. Sentinus LLC grew its stake in shares of AdvisorShares Q Dynamic Growth ETF by 0.8% in the second quarter. Sentinus LLC now owns 33,214 shares of the company’s stock worth $1,287,000 after purchasing an additional 268 shares in the last quarter. Foundations Investment Advisors LLC increased its holdings in shares of AdvisorShares Q Dynamic Growth ETF by 54.2% during the fourth quarter. Foundations Investment Advisors LLC now owns 28,163 shares of the company’s stock valued at $1,254,000 after purchasing an additional 9,901 shares during the period. Finally, Legacy Wealth Managment LLC ID raised its stake in shares of AdvisorShares Q Dynamic Growth ETF by 45.8% during the second quarter. Legacy Wealth Managment LLC ID now owns 19,157 shares of the company’s stock valued at $742,000 after purchasing an additional 6,022 shares in the last quarter.

AdvisorShares Q Dynamic Growth ETF Stock Performance

QPX opened at $44.88 on Friday. AdvisorShares Q Dynamic Growth ETF has a one year low of $30.65 and a one year high of $46.65. The business’s 50-day simple moving average is $45.25 and its 200-day simple moving average is $43.30. The company has a market cap of $34.11 million, a P/E ratio of 26.24 and a beta of 1.07.

AdvisorShares Q Dynamic Growth ETF Company Profile

The AdvisorShares Q Dynamic Growth ETF (QPX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to maximize long-term growth through equity exposure while tactically managing downside risk. QPX was launched on Dec 28, 2020 and is managed by AdvisorShares.