AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Sees Significant Growth in Short Interest

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 103,700 shares, an increase of 1,933.3% from the January 31st total of 5,100 shares. Based on an average daily trading volume, of 49,700 shares, the short-interest ratio is currently 2.1 days.

AdvisorShares Dorsey Wright Short ETF Stock Performance

AdvisorShares Dorsey Wright Short ETF stock traded up $0.04 during trading hours on Thursday, reaching $7.25. 23,494 shares of the company’s stock traded hands, compared to its average volume of 43,515. AdvisorShares Dorsey Wright Short ETF has a fifty-two week low of $6.66 and a fifty-two week high of $7.77. The firm’s 50 day moving average is $7.00 and its 200-day moving average is $7.18.

AdvisorShares Dorsey Wright Short ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 23rd were paid a $0.4339 dividend. The ex-dividend date was Monday, December 23rd.

Hedge Funds Weigh In On AdvisorShares Dorsey Wright Short ETF

An institutional investor recently bought a new position in AdvisorShares Dorsey Wright Short ETF stock. Raymond James Financial Inc. bought a new stake in AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 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.