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

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) was the target of a significant increase in short interest in 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 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. Virtus Wealth Solutions LLC purchased a new position in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) during the fourth quarter, according to the company in its most recent filing with the Securities and 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 investment portfolio, making the stock its largest holding. Virtus Wealth Solutions LLC owned approximately 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 Stock Up 0.8 %

Shares of NASDAQ DWUS traded up $0.40 on Friday, reaching $49.31. 573 shares of the company’s stock traded hands, compared to its average volume of 2,261. The business’s 50 day simple moving average is $49.80 and its two-hundred day simple moving average is $48.29. 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 market cap of $116.37 million, a price-to-earnings ratio of 24.31 and a beta of 0.96.

AdvisorShares Dorsey Wright FSM US Core ETF Dividend Announcement

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