AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH – Get Free Report) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 3,200 shares, a decline of 93.8% from the February 28th total of 51,800 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 51,200 shares, the days-to-cover ratio is presently 0.1 days.
AdvisorShares Dorsey Wright Short ETF Stock Performance
AdvisorShares Dorsey Wright Short ETF stock traded down $0.02 during mid-day trading on Thursday, hitting $7.32. The company had a trading volume of 944 shares, compared to its average volume of 33,121. AdvisorShares Dorsey Wright Short ETF has a 1 year low of $6.66 and a 1 year high of $7.77. The business has a fifty day moving average of $7.12 and a 200 day moving average of $7.18.
Hedge Funds Weigh In On AdvisorShares Dorsey Wright Short ETF
A hedge fund recently bought a new stake in AdvisorShares Dorsey Wright Short ETF stock. Raymond James Financial Inc. acquired a new stake in AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 108,449 shares of the company’s stock, valued at approximately $762,000. Raymond James Financial Inc. owned about 5.77% of AdvisorShares Dorsey Wright Short ETF at the end of the most recent reporting period.
About AdvisorShares Dorsey Wright Short ETF
The AdvisorShares Dorsey Wright Short ETF (DWSH) is an exchange-traded fund that is based on the Russell 3000 index. The fund is actively managed to achieve long-term capital appreciation by shorting US-listed large-cap companies exhibiting weak relative strength. DWSH was launched on Jul 10, 2018 and is managed by AdvisorShares.
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