AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Short Interest Update

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 1,900 shares, an increase of 72.7% from the February 28th total of 1,100 shares. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On AdvisorShares Dorsey Wright FSM US Core ETF

An institutional investor recently bought a new position in AdvisorShares Dorsey Wright FSM US Core ETF stock. Virtus Wealth Solutions LLC purchased a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,618,204 shares of the company’s stock, valued at approximately $77,819,000. AdvisorShares Dorsey Wright FSM US Core ETF makes up 18.3% of Virtus Wealth Solutions LLC’s holdings, making the stock its largest holding. Virtus Wealth Solutions LLC owned about 68.57% of AdvisorShares Dorsey Wright FSM US Core ETF as of its most recent SEC filing.

AdvisorShares Dorsey Wright FSM US Core ETF Price Performance

Shares of DWUS stock traded down $0.95 on Friday, hitting $46.20. 1,275 shares of the company’s stock were exchanged, compared to its average volume of 1,681. The stock has a market cap of $109.03 million, a P/E ratio of 25.58 and a beta of 0.96. AdvisorShares Dorsey Wright FSM US Core ETF has a 12 month low of $40.88 and a 12 month high of $51.79. The company has a 50 day moving average of $49.15 and a 200 day moving average of $48.54.

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.