Short Interest in AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Drops By 13.4%

AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totalling 7,100 shares, a drop of 13.4% from the March 15th total of 8,200 shares. Based on an average daily volume of 2,200 shares, the short-interest ratio is currently 3.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. UBS Group AG lifted its position in AdvisorShares Dorsey Wright FSM All Cap World ETF by 346.1% during the first quarter. UBS Group AG now owns 1,026 shares of the company’s stock valued at $35,000 after acquiring an additional 796 shares during the last quarter. Captrust Financial Advisors purchased a new position in AdvisorShares Dorsey Wright FSM All Cap World ETF during the 1st quarter worth $99,000. Royal Bank of Canada increased its position in AdvisorShares Dorsey Wright FSM All Cap World ETF by 9.6% during the 1st quarter. Royal Bank of Canada now owns 5,610 shares of the company’s stock valued at $192,000 after buying an additional 491 shares in the last quarter. Private Advisory Group LLC raised its stake in AdvisorShares Dorsey Wright FSM All Cap World ETF by 9.5% in the third quarter. Private Advisory Group LLC now owns 8,222 shares of the company’s stock valued at $249,000 after buying an additional 716 shares during the last quarter. Finally, Susquehanna International Group LLP boosted its holdings in AdvisorShares Dorsey Wright FSM All Cap World ETF by 102.6% in the first quarter. Susquehanna International Group LLP now owns 13,716 shares of the company’s stock worth $427,000 after acquiring an additional 6,946 shares in the last quarter.

AdvisorShares Dorsey Wright FSM All Cap World ETF Stock Performance

NASDAQ:DWAW traded up $0.09 during trading hours on Tuesday, reaching $35.96. The company’s stock had a trading volume of 1,301 shares, compared to its average volume of 2,874. The stock has a 50 day moving average price of $36.42 and a two-hundred day moving average price of $33.83. The company has a market capitalization of $74.80 million, a P/E ratio of 14.08 and a beta of 0.91. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 12 month low of $28.75 and a 12 month high of $37.50.

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.