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 trading volume of 2,700 shares, the short-interest ratio is currently 0.7 days. Approximately 0.1% of the shares of the company are short sold.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Performance

Shares of NASDAQ:DWUS traded down $0.95 during trading on Friday, hitting $46.20. 1,275 shares of the stock were exchanged, compared to its average volume of 1,681. The company’s fifty day simple moving average is $49.15 and its 200-day simple moving average is $48.54. The company has a market capitalization of $109.03 million, a price-to-earnings ratio of 25.58 and a beta of 0.96. AdvisorShares Dorsey Wright FSM US Core ETF has a 1-year low of $40.88 and a 1-year high of $51.79.

Institutional Investors 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 bought a new stake in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,618,204 shares of the company’s stock, valued at approximately $77,819,000. AdvisorShares Dorsey Wright FSM US Core ETF accounts for about 18.3% of Virtus Wealth Solutions LLC’s portfolio, making the stock its biggest position. Virtus Wealth Solutions LLC owned 68.57% of AdvisorShares Dorsey Wright FSM US Core ETF at the end of the most recent quarter.

AdvisorShares Dorsey Wright FSM US Core ETF Company Profile

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.