Short Interest in AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX) Rises By 69.6%

by · The Cerbat Gem

AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX – Get Free Report) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 3,546,822 shares, a growth of 69.6% from the December 15th total of 2,090,744 shares. Based on an average daily volume of 3,985,208 shares, the days-to-cover ratio is presently 0.9 days. Currently, 31.1% of the shares of the company are short sold. Currently, 31.1% of the shares of the company are short sold. Based on an average daily volume of 3,985,208 shares, the days-to-cover ratio is presently 0.9 days.

AdvisorShares MSOX 2X Daily ETF Stock Performance

Shares of MSOX stock traded down $0.25 during trading hours on Friday, reaching $4.46. 805,774 shares of the company’s stock were exchanged, compared to its average volume of 1,176,720. The company’s 50 day moving average is $4.53 and its two-hundred day moving average is $5.97. AdvisorShares MSOX 2X Daily ETF has a 1 year low of $2.14 and a 1 year high of $13.15.

Institutional Investors Weigh In On AdvisorShares MSOX 2X Daily ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. CIBC Private Wealth Group LLC purchased a new stake in shares of AdvisorShares MSOX 2X Daily ETF during the 3rd quarter worth $31,000. StoneX Group Inc. purchased a new stake in AdvisorShares MSOX 2X Daily ETF during the second quarter worth about $38,000. SG Americas Securities LLC purchased a new stake in AdvisorShares MSOX 2X Daily ETF during the fourth quarter worth about $46,000. Legacy Capital Wealth Partners LLC acquired a new position in AdvisorShares MSOX 2X Daily ETF during the fourth quarter worth about $79,000. Finally, Group One Trading LLC increased its holdings in AdvisorShares MSOX 2X Daily ETF by 23.2% in the second quarter. Group One Trading LLC now owns 40,453 shares of the company’s stock valued at $112,000 after buying an additional 7,626 shares in the last quarter.

AdvisorShares MSOX 2X Daily ETF Company Profile

(Get Free Report)

The Advisorshares Msos 2x Daily ETF (MSOX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-fund that seeks to achieve 2x the daily total return of the AdvisorShares Pure US Cannabis ETF (MSOS) through swap agreements. MSOX was launched on Aug 23, 2022 and is managed by AdvisorShares.

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