AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Short Interest Up 15.2% in November

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) saw a large growth in short interest in November. As of November 15th, there was short interest totalling 7,600 shares, a growth of 15.2% from the October 31st total of 6,600 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is currently 6.3 days.

Institutional Inflows and Outflows

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

AdvisorShares Dorsey Wright FSM US Core ETF Trading Up 0.7 %

Shares of NASDAQ:DWUS traded up $0.36 on Friday, reaching $49.95. 6 shares of the company were exchanged, compared to its average volume of 1,615. AdvisorShares Dorsey Wright FSM US Core ETF has a 1-year low of $37.99 and a 1-year high of $49.95. The company has a 50-day moving average of $47.99 and a 200-day moving average of $46.58. The firm has a market cap of $120.88 million, a price-to-earnings ratio of 24.31 and a beta of 0.96.

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.