AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Short Interest Up 67.9% in February

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 4,700 shares, an increase of 67.9% from the January 31st total of 2,800 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is currently 3.1 days.

AdvisorShares Dorsey Wright FSM All Cap World ETF Trading Down 2.0 %

AdvisorShares Dorsey Wright FSM All Cap World ETF stock traded down $0.80 on Tuesday, hitting $39.33. 1,564 shares of the stock traded hands, compared to its average volume of 1,577. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 1 year low of $34.41 and a 1 year high of $42.54. The firm has a market cap of $81.02 million, a P/E ratio of 27.07 and a beta of 0.91. The business’s fifty day simple moving average is $41.19 and its 200 day simple moving average is $40.26.

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

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

AdvisorShares Dorsey Wright FSM All Cap World ETF Company Profile

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.