AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) Short Interest Update

by · The Markets Daily

AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX – Get Free Report) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 2,279 shares, a drop of 53.2% from the December 15th total of 4,869 shares. Based on an average daily volume of 1,294 shares, the short-interest ratio is currently 1.8 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 1,294 shares, the short-interest ratio is currently 1.8 days.

AdvisorShares Q Dynamic Growth ETF Stock Performance

Shares of QPX traded down $0.10 on Friday, hitting $45.48. 1,840 shares of the stock traded hands, compared to its average volume of 4,749. The company has a market capitalization of $34.56 million, a PE ratio of 26.24 and a beta of 1.07. The business has a 50 day simple moving average of $44.35 and a 200 day simple moving average of $42.35. AdvisorShares Q Dynamic Growth ETF has a one year low of $30.65 and a one year high of $46.02.

Institutional Investors Weigh In On AdvisorShares Q Dynamic Growth ETF

Hedge funds have recently bought and sold shares of the business. Ameriflex Group Inc. boosted its stake in AdvisorShares Q Dynamic Growth ETF by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 2,122 shares of the company’s stock worth $91,000 after purchasing an additional 1,061 shares during the last quarter. Foundations Investment Advisors LLC purchased a new position in AdvisorShares Q Dynamic Growth ETF in the third quarter valued at $785,000. Encompass More Asset Management raised its holdings in shares of AdvisorShares Q Dynamic Growth ETF by 50.9% in the 3rd quarter. Encompass More Asset Management now owns 241,323 shares of the company’s stock valued at $10,367,000 after purchasing an additional 81,445 shares in the last quarter. CWM LLC purchased a new stake in AdvisorShares Q Dynamic Growth ETF during the third quarter worth approximately $54,000. Finally, Osaic Holdings Inc. boosted its stake in AdvisorShares Q Dynamic Growth ETF by 19.4% in the second quarter. Osaic Holdings Inc. now owns 70,474 shares of the company’s stock valued at $2,729,000 after acquiring an additional 11,435 shares in the last quarter.

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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