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

AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 4,869 shares, an increase of 90.8% from the November 30th total of 2,552 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average trading volume of 2,192 shares, the days-to-cover ratio is currently 2.2 days. Based on an average trading volume of 2,192 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.7% of the company’s stock are short sold.

Institutional Trading of AdvisorShares Q Dynamic Growth ETF

A number of institutional investors have recently made changes to their positions in QPX. Osaic Holdings Inc. raised 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 buying an additional 11,435 shares during the last quarter. Legacy Wealth Managment LLC ID increased its holdings in shares of AdvisorShares Q Dynamic Growth ETF by 45.8% during the second quarter. Legacy Wealth Managment LLC ID now owns 19,157 shares of the company’s stock valued at $742,000 after acquiring an additional 6,022 shares in the last quarter. Sentinus LLC increased its holdings in shares of AdvisorShares Q Dynamic Growth ETF by 0.8% during the second quarter. Sentinus LLC now owns 33,214 shares of the company’s stock valued at $1,287,000 after acquiring an additional 268 shares in the last quarter. Encompass More Asset Management raised its position 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 during the last quarter. Finally, CWM LLC acquired a new stake in AdvisorShares Q Dynamic Growth ETF in the 3rd quarter worth approximately $54,000.

AdvisorShares Q Dynamic Growth ETF Stock Performance

QPX traded up $0.09 during trading on Friday, hitting $45.47. The stock had a trading volume of 321 shares, compared to its average volume of 2,292. The company has a market capitalization of $33.19 million, a PE ratio of 26.24 and a beta of 1.07. AdvisorShares Q Dynamic Growth ETF has a twelve month low of $30.65 and a twelve month high of $45.47. The stock has a 50 day simple moving average of $44.00 and a two-hundred day simple moving average of $41.68.

About AdvisorShares Q Dynamic Growth ETF

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.