AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Short Interest Up 450.0% in February

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUSGet Free Report) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 1,100 shares, an increase of 450.0% from the February 13th total of 200 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,600 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds 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. Virtus Wealth Solutions LLC purchased a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUSFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. 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 comprises approximately 18.3% of Virtus Wealth Solutions LLC’s holdings, making the stock its largest position. Virtus Wealth Solutions LLC owned approximately 68.57% of AdvisorShares Dorsey Wright FSM US Core ETF as of its most recent SEC filing.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Up 1.6 %

NASDAQ:DWUS traded up $0.75 on Wednesday, reaching $46.42. 2,586 shares of the company’s stock traded hands, compared to its average volume of 2,198. The firm has a market cap of $109.55 million, a PE ratio of 27.86 and a beta of 0.96. The stock has a 50-day simple moving average of $49.58 and a 200-day simple moving average of $48.41. AdvisorShares Dorsey Wright FSM US Core ETF has a 12 month low of $40.88 and a 12 month high of $51.79.

AdvisorShares Dorsey Wright FSM US Core ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.0869 per share. The ex-dividend date was Monday, December 23rd.

AdvisorShares Dorsey Wright FSM US Core ETF Company Profile

(Get Free Report)

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.

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