AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX) Short Interest Update

AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 4,172,474 shares, a growth of 23.1% from the January 15th total of 3,389,590 shares. Approximately 33.5% of the company’s stock are short sold. Based on an average trading volume of 1,171,250 shares, the short-interest ratio is currently 3.6 days. Based on an average trading volume of 1,171,250 shares, the short-interest ratio is currently 3.6 days. Approximately 33.5% of the company’s stock are short sold.

AdvisorShares MSOX 2X Daily ETF Stock Up 3.5%

Shares of NYSEARCA:MSOX opened at $2.94 on Tuesday. AdvisorShares MSOX 2X Daily ETF has a 52-week low of $2.14 and a 52-week high of $13.15. The company has a 50 day moving average of $4.38 and a two-hundred day moving average of $6.00.

Institutional Investors Weigh In On AdvisorShares MSOX 2X Daily ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. StoneX Group Inc. acquired a new position in AdvisorShares MSOX 2X Daily ETF in the 4th quarter worth $46,000. IMC Chicago LLC purchased a new stake in shares of AdvisorShares MSOX 2X Daily ETF during the fourth quarter worth about $576,000. Legacy Capital Wealth Partners LLC acquired a new position in shares of AdvisorShares MSOX 2X Daily ETF in the fourth quarter worth about $79,000. Howard Financial Services LTD. acquired a new position in shares of AdvisorShares MSOX 2X Daily ETF in the fourth quarter worth about $134,000. Finally, SG Americas Securities LLC purchased a new position in AdvisorShares MSOX 2X Daily ETF in the fourth quarter valued at about $46,000.

AdvisorShares MSOX 2X Daily ETF Company Profile

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.