AdvisorShares Vice ETF (NYSEARCA:VICE) Sees Large Decline in Short Interest

AdvisorShares Vice ETF (NYSEARCA:VICE) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 57 shares, a decline of 66.5% from the March 15th total of 170 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 458 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AdvisorShares Vice ETF stock. Susquehanna International Group LLP acquired a new stake in AdvisorShares Vice ETF (NYSEARCA:VICE) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,000 shares of the company’s stock, valued at approximately $214,000. Susquehanna International Group LLP owned about 2.73% of AdvisorShares Vice ETF as of its most recent SEC filing.

AdvisorShares Vice ETF Stock Down 0.7%

NYSEARCA:VICE opened at $32.36 on Friday. The firm has a market capitalization of $7.12 million, a price-to-earnings ratio of 14.11 and a beta of 0.92. AdvisorShares Vice ETF has a twelve month low of $30.01 and a twelve month high of $36.53. The stock’s 50 day moving average price is $32.25 and its two-hundred day moving average price is $32.64.

AdvisorShares Vice ETF Company Profile

The AdvisorShares Vice ETF (VICE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in US companies involved in alcohol and tobacco, food and beverage, and gaming-related activities. VICE was launched on Dec 12, 2017 and is managed by AdvisorShares.