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) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 4,700 shares, an increase of 67.9% from the January 31st total of 2,800 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is presently 3.1 days.

AdvisorShares Dorsey Wright FSM All Cap World ETF Trading Down 2.0 %

NASDAQ DWAW traded down $0.80 on Tuesday, hitting $39.33. 1,564 shares of the company traded hands, compared to its average volume of 1,577. The business’s 50 day moving average price is $41.19 and its 200-day moving average price is $40.26. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 52-week low of $34.41 and a 52-week high of $42.54. The company has a market capitalization of $81.02 million, a price-to-earnings ratio of 27.07 and a beta of 0.91.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in AdvisorShares Dorsey Wright FSM All Cap World ETF during the 4th quarter worth approximately $711,000. Farther Finance Advisors LLC purchased a new stake in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF in the fourth quarter worth $29,000. LPL Financial LLC raised its position in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF by 20.7% during the 4th quarter. LPL Financial LLC now owns 8,505 shares of the company’s stock valued at $341,000 after purchasing an additional 1,458 shares during the period. Virtus Wealth Solutions LLC purchased a new position in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF during the 4th quarter valued at $63,274,000. Finally, Harvest Investment Services LLC bought a new position in AdvisorShares Dorsey Wright FSM All Cap World ETF in the 4th quarter worth $380,000.

About AdvisorShares Dorsey Wright FSM All Cap World ETF

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.