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

AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,872 shares, an increase of 89.3% from the August 31st total of 989 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 6,195 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On AdvisorShares Q Dynamic Growth ETF

A hedge fund recently raised its position in AdvisorShares Q Dynamic Growth ETF stock. Professional Financial Advisors LLC lifted its stake in shares of AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) by 0.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 65,220 shares of the company’s stock after purchasing an additional 475 shares during the period. AdvisorShares Q Dynamic Growth ETF comprises about 0.6% of Professional Financial Advisors LLC’s investment portfolio, making the stock its 28th biggest holding. 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.

AdvisorShares Q Dynamic Growth ETF Price Performance

QPX opened at $48.15 on Tuesday. AdvisorShares Q Dynamic Growth ETF has a 12-month low of $41.16 and a 12-month high of $49.85. The stock has a market capitalization of $33.22 million, a PE ratio of 26.24 and a beta of 1.08. The firm’s fifty day moving average price is $48.45 and its 200 day moving average price is $47.18.

AdvisorShares Q Dynamic Growth ETF Company Profile

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.