AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Sees Large Decline in Short Interest

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 4,500 shares, a decrease of 22.4% from the December 31st total of 5,800 shares. Based on an average daily trading volume, of 1,900 shares, the short-interest ratio is currently 2.4 days.

Institutional Investors Weigh In On AdvisorShares Dorsey Wright FSM US Core ETF

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

AdvisorShares Dorsey Wright FSM US Core ETF Trading Up 1.4 %

NASDAQ DWUS traded up $0.68 during trading on Friday, reaching $50.48. The company’s stock had a trading volume of 2 shares, compared to its average volume of 1,970. The stock has a market capitalization of $119.13 million, a PE ratio of 24.31 and a beta of 0.96. AdvisorShares Dorsey Wright FSM US Core ETF has a 1-year low of $40.15 and a 1-year high of $51.10. The business has a 50-day moving average price of $49.35 and a 200-day moving average price of $47.50.

AdvisorShares Dorsey Wright FSM US Core ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 23rd were paid a $0.0869 dividend. The ex-dividend date of this dividend 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.