Short Interest in AdvisorShares Gerber Kawasaki ETF (NYSEARCA:GK) Decreases By 29.0%

AdvisorShares Gerber Kawasaki ETF (NYSEARCA:GK) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 2,200 shares, a decrease of 29.0% from the August 31st total of 3,100 shares. Based on an average trading volume of 1,600 shares, the short-interest ratio is currently 1.4 days. Based on an average trading volume of 1,600 shares, the short-interest ratio is currently 1.4 days.

AdvisorShares Gerber Kawasaki ETF Stock Up 0.1%

Shares of NYSEARCA GK opened at $26.33 on Monday. The firm has a market cap of $28.17 million, a P/E ratio of 9.24 and a beta of 1.31. AdvisorShares Gerber Kawasaki ETF has a twelve month low of $16.95 and a twelve month high of $26.73. The company has a 50 day moving average of $25.46 and a 200 day moving average of $22.94.

Institutional Investors Weigh In On AdvisorShares Gerber Kawasaki ETF

An institutional investor recently raised its position in AdvisorShares Gerber Kawasaki ETF stock. Gerber Kawasaki Wealth & Investment Management lifted its stake in AdvisorShares Gerber Kawasaki ETF (NYSEARCA:GK) by 1.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 894,995 shares of the company’s stock after buying an additional 12,489 shares during the quarter. Gerber Kawasaki Wealth & Investment Management owned about 83.64% of AdvisorShares Gerber Kawasaki ETF worth $17,427,000 as of its most recent filing with the Securities & Exchange Commission. 91.13% of the stock is currently owned by hedge funds and other institutional investors.

AdvisorShares Gerber Kawasaki ETF Company Profile

The AdvisorShares Gerber Kawasaki ETF (GK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that offers exposure to a portfolio of US growth stocks across multiple investment themes believed to represent top thematic macro opportunities.