AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Sees Large Increase in Short Interest

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 11,800 shares, a growth of 107.0% from the August 31st total of 5,700 shares. Based on an average daily volume of 2,200 shares, the days-to-cover ratio is currently 5.4 days.

AdvisorShares Dorsey Wright FSM All Cap World ETF Stock Up 0.1 %

DWAW traded up $0.02 during trading hours on Friday, hitting $39.10. 342 shares of the company’s stock were exchanged, compared to its average volume of 2,498. The stock has a market cap of $80.55 million, a price-to-earnings ratio of 15.05 and a beta of 0.91. The stock’s 50-day moving average is $37.79 and its two-hundred day moving average is $37.63. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 1-year low of $28.75 and a 1-year high of $40.69.

Institutional Trading of AdvisorShares Dorsey Wright FSM All Cap World ETF

A hedge fund recently raised its stake in AdvisorShares Dorsey Wright FSM All Cap World ETF stock. Commonwealth Equity Services LLC increased its holdings in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) by 2.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,552,689 shares of the company’s stock after acquiring an additional 34,525 shares during the quarter. Commonwealth Equity Services LLC owned about 75.01% of AdvisorShares Dorsey Wright FSM All Cap World ETF worth $57,496,000 as of its most recent filing with the SEC.

AdvisorShares Dorsey Wright FSM All Cap World ETF Company Profile

The AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW) is an exchange-traded fund that is based on the FTSE Global All Cap index. The fund is an actively managed fund of funds that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation. DWAW was launched on Dec 26, 2019 and is managed by AdvisorShares.