Short Interest in AdvisorShares Focused Equity ETF (NYSEARCA:CWS) Declines By 81.2%

AdvisorShares Focused Equity ETF (NYSEARCA:CWS) was the recipient of a significant decline in short interest in February. As of February 13th, there was short interest totaling 2,913 shares, a decline of 81.2% from the January 29th total of 15,483 shares. Based on an average daily volume of 13,258 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 13,258 shares, the short-interest ratio is presently 0.2 days.

AdvisorShares Focused Equity ETF Trading Up 1.0%

Shares of CWS traded up $0.71 on Thursday, reaching $69.68. The company’s stock had a trading volume of 9,093 shares, compared to its average volume of 12,521. The firm has a fifty day moving average of $69.30 and a 200-day moving average of $68.81. AdvisorShares Focused Equity ETF has a twelve month low of $58.36 and a twelve month high of $72.08. The stock has a market capitalization of $178.38 million, a PE ratio of 148.26 and a beta of 0.97.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Assetmark Inc. increased its stake in AdvisorShares Focused Equity ETF by 86.0% in the 2nd quarter. Assetmark Inc. now owns 372 shares of the company’s stock valued at $26,000 after buying an additional 172 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of AdvisorShares Focused Equity ETF in the second quarter valued at approximately $86,000. Global Assets Advisory LLC purchased a new stake in shares of AdvisorShares Focused Equity ETF during the third quarter valued at approximately $205,000. Aviso Financial Inc. bought a new stake in AdvisorShares Focused Equity ETF during the second quarter worth $218,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in AdvisorShares Focused Equity ETF by 7.7% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,503 shares of the company’s stock worth $240,000 after acquiring an additional 249 shares during the period. 7.19% of the stock is owned by institutional investors.

About AdvisorShares Focused Equity ETF

The AdvisorShares Focused Equity ETF (CWS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively-managed ETF that aims to achieve long-term capital appreciation and outperform the S&P 500 Index by holding a focused group of US-listed stocks using proprietary models. CWS was launched on Sep 20, 2016 and is managed by AdvisorShares.