AdvisorShares has announced that options for the AdvisorShares MSOS 2x Daily ETF (Ticker: MSOX) are now available for trading as of February 7, 2023. MSOX aims to provide daily investment results that correspond to two times (2x) the daily total return of the AdvisorShares Pure US Cannabis ETF (Ticker: MSOS). Designed for sophisticated investors, MSOX offers magnified exposure to the U.S. cannabis market, facilitating short-term trading with increased buying power. Since its inception in September 2020, MSOS has emerged as a major player among actively managed cannabis ETFs, focusing on U.S. companies involved in the legal cannabis sector.
AdvisorShares announced the transfer of its Dorsey Wright ADR ETF (AADR) listing from NYSE Arca to NASDAQ, effective around June 3, 2021. This move aims to enhance alignment and diversification of their ETF offerings. Shareholders do not need to take any action regarding this change. COO Dan Ahrens emphasized the company's strong partnerships with both exchange platforms, indicating a strategic shift to better serve investors.