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

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 3,200 shares, a decrease of 93.8% from the February 28th total of 51,800 shares. Based on an average trading volume of 51,200 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Investors 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 position in shares of AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 quarter.

AdvisorShares Dorsey Wright Short ETF Stock Performance

AdvisorShares Dorsey Wright Short ETF stock traded up $0.15 during mid-day trading on Friday, hitting $7.48. 30,160 shares of the company were exchanged, compared to its average volume of 33,283. 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 $7.13 and a 200 day moving average of $7.18.

AdvisorShares Dorsey Wright Short ETF Company Profile

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.