The stock of Advisorshares Gartman GOLD/EURO (NYSEARCA:GEUR) registered a decrease of 25.6% in short interest. GEUR’s total short interest was 49,700 shares in September as published by FINRA. Its down 25.6% from 66,800 shares, reported previously. With 40,900 shares average volume, it will take short sellers 1 days to cover their GEUR’s short positions. The stock last traded at $13.67 per share. It is up 10.51% since February 8, 2016 and is uptrending. It has underperformed by 5.98% the S&P500.
The institutional sentiment increased to 4 in Q2 2016. Its up 3.67, from 0.33 in 2016Q1. The ratio is positive, as 1 funds sold all AdvisorShares Trust shares owned while 0 reduced positions. 4 funds bought stakes while 0 increased positions. They now own 555,850 shares or 1058.50% more from 47,980 shares in 2016Q1.
David R. Rahn & Associates Inc. holds 2.17% of its portfolio in AdvisorShares Trust for 198,814 shares. Janney Capital Management Llc owns 42,231 shares or 0.03% of their US portfolio. Moreover, Kcg Holdings Inc. has 0.01% invested in the company for 33,291 shares. The New York-based Citigroup Inc has invested 0% in the stock. Envestnet Asset Management Inc, a Illinois-based fund reported 1,079 shares.
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