AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Short Interest Up 100.0% in February

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 200 shares, an increase of 100.0% from the January 31st total of 100 shares. Based on an average daily volume of 2,500 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of 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 stake in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund 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 portfolio, making the stock its largest holding. Virtus Wealth Solutions LLC owned 68.57% of AdvisorShares Dorsey Wright FSM US Core ETF at the end of the most recent reporting period.

AdvisorShares Dorsey Wright FSM US Core ETF Price Performance

Shares of AdvisorShares Dorsey Wright FSM US Core ETF stock traded up $0.40 during trading hours on Friday, hitting $49.31. 573 shares of the company’s stock traded hands, compared to its average volume of 2,261. 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 fifty day simple moving average of $49.80 and a 200-day simple moving average of $48.32. The stock has a market capitalization of $116.37 million, a price-to-earnings ratio of 27.86 and a beta of 0.99.

AdvisorShares Dorsey Wright FSM US Core ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 23rd were paid a $0.0869 dividend. The ex-dividend date was Monday, December 23rd.

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.