AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Short Interest Update

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totalling 6,500 shares, a decline of 5.8% from the November 30th total of 6,900 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is currently 5.9 days.

Institutional Investors Weigh In On 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. Private Advisory Group LLC raised its holdings in AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) by 23.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,588 shares of the company’s stock after purchasing an additional 1,982 shares during the period. Private Advisory Group LLC owned approximately 0.52% of AdvisorShares Dorsey Wright FSM All Cap World ETF worth $415,000 at the end of the most recent quarter.

AdvisorShares Dorsey Wright FSM All Cap World ETF Stock Performance

DWAW traded down $0.24 during trading on Wednesday, reaching $40.15. 48 shares of the stock were exchanged, compared to its average volume of 2,132. The stock’s 50 day moving average price is $40.99 and its two-hundred day moving average price is $39.43. AdvisorShares Dorsey Wright FSM All Cap World ETF has a twelve month low of $32.82 and a twelve month high of $42.52. The stock has a market cap of $82.31 million, a P/E ratio of 15.05 and a beta of 0.91.

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.