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

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

AdvisorShares Dorsey Wright FSM US Core ETF Trading Up 1.6 %

Shares of DWUS opened at $46.42 on Thursday. AdvisorShares Dorsey Wright FSM US Core ETF has a twelve month low of $40.88 and a twelve month high of $51.79. The firm’s fifty day simple moving average is $49.54 and its 200-day simple moving average is $48.39. The firm has a market capitalization of $109.55 million, a price-to-earnings ratio of 27.86 and a beta of 0.96.

AdvisorShares Dorsey Wright FSM US Core ETF Dividend Announcement

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

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 shares of AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm 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 portfolio, making the stock its biggest holding. Virtus Wealth Solutions LLC owned about 68.57% of AdvisorShares Dorsey Wright FSM US Core ETF at the end of the most recent quarter.

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.