AdvisorShares Gerber Kawasaki ETF (NYSEARCA:GK) Short Interest Up 50.1% in December

AdvisorShares Gerber Kawasaki ETF (NYSEARCA:GK) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 1,463 shares, a growth of 50.1% from the November 30th total of 975 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 1,801 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 1,801 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On AdvisorShares Gerber Kawasaki ETF

An institutional investor recently raised its position in AdvisorShares Gerber Kawasaki ETF stock. Gerber Kawasaki Wealth & Investment Management lifted its holdings in shares of AdvisorShares Gerber Kawasaki ETF (NYSEARCA:GK) by 1.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 920,489 shares of the company’s stock after buying an additional 13,539 shares during the period. Gerber Kawasaki Wealth & Investment Management owned approximately 86.03% of AdvisorShares Gerber Kawasaki ETF worth $24,111,000 at the end of the most recent reporting period. Institutional investors own 91.13% of the company’s stock.

AdvisorShares Gerber Kawasaki ETF Stock Performance

Shares of AdvisorShares Gerber Kawasaki ETF stock traded down $0.18 during trading on Monday, hitting $25.82. 126 shares of the stock were exchanged, compared to its average volume of 1,760. AdvisorShares Gerber Kawasaki ETF has a 12 month low of $16.95 and a 12 month high of $26.83. The stock’s fifty day moving average is $25.84 and its 200 day moving average is $25.25. The stock has a market cap of $27.63 million, a PE ratio of 9.06 and a beta of 1.35.

AdvisorShares Gerber Kawasaki ETF Company Profile

The AdvisorShares Gerber Kawasaki ETF (GK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that offers exposure to a portfolio of US growth stocks across multiple investment themes believed to represent top thematic macro opportunities. GK was launched on Jul 2, 2021 and is managed by AdvisorShares.