AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) Sees Large Growth in Short Interest

by · The Markets Daily

AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX – Get Free Report) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 168 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,576 shares, the short-interest ratio is currently 0.1 days.

AdvisorShares Q Dynamic Growth ETF Stock Down 2.9%

Shares of QPX traded down $1.39 during mid-day trading on Friday, reaching $46.05. The company had a trading volume of 2,522 shares, compared to its average volume of 3,207. AdvisorShares Q Dynamic Growth ETF has a 52-week low of $41.16 and a 52-week high of $49.85. The stock has a market capitalization of $32.23 million, a P/E ratio of 26.24 and a beta of 1.08. The stock has a 50 day moving average of $48.26 and a two-hundred day moving average of $46.92.

Institutional Inflows and Outflows

An institutional investor recently raised its position in AdvisorShares Q Dynamic Growth ETF stock. Professional Financial Advisors LLC increased its position in shares of AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX – Free Report) by 0.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 65,220 shares of the company’s stock after buying an additional 475 shares during the period. AdvisorShares Q Dynamic Growth ETF accounts for 0.6% of Professional Financial Advisors LLC’s holdings, making the stock its 28th biggest position. Professional Financial Advisors LLC owned about 9.59% of AdvisorShares Q Dynamic Growth ETF worth $3,186,000 at the end of the most recent reporting period.

About AdvisorShares Q Dynamic Growth ETF

(Get Free Report)

The AdvisorShares Q Dynamic Growth ETF (QPX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to maximize long-term growth through equity exposure while tactically managing downside risk. QPX was launched on Dec 28, 2020 and is managed by AdvisorShares.

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