AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX) Sees Significant Increase in Short Interest

AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOXGet Free Report) was the target of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 4,561,461 shares, a growth of 22.9% from the February 12th total of 3,712,018 shares. Currently, 36.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,716,440 shares, the days-to-cover ratio is currently 2.7 days. Based on an average daily trading volume, of 1,716,440 shares, the days-to-cover ratio is currently 2.7 days. Currently, 36.6% of the shares of the stock are short sold.

AdvisorShares MSOX 2X Daily ETF Trading Up 4.8%

AdvisorShares MSOX 2X Daily ETF stock opened at $2.62 on Monday. AdvisorShares MSOX 2X Daily ETF has a 52 week low of $2.14 and a 52 week high of $13.15. The firm’s 50-day simple moving average is $3.40 and its 200 day simple moving average is $5.29.

Institutional Trading of AdvisorShares MSOX 2X Daily ETF

Several large investors have recently modified their holdings of MSOX. CIBC Private Wealth Group LLC purchased a new position in shares of AdvisorShares MSOX 2X Daily ETF during the 3rd quarter worth approximately $31,000. StoneX Group Inc. purchased a new stake in AdvisorShares MSOX 2X Daily ETF in the 2nd quarter valued at approximately $38,000. SG Americas Securities LLC acquired a new stake in AdvisorShares MSOX 2X Daily ETF during the 4th quarter valued at $46,000. Legacy Capital Wealth Partners LLC acquired a new stake in AdvisorShares MSOX 2X Daily ETF during the 4th quarter valued at $79,000. Finally, Group One Trading LLC increased its position in AdvisorShares MSOX 2X Daily ETF by 23.2% during the second quarter. Group One Trading LLC now owns 40,453 shares of the company’s stock worth $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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