AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH – Get Free Report) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 51,800 shares, a drop of 50.0% from the February 13th total of 103,700 shares. Currently, 2.8% of the shares of the company are short sold. Based on an average trading volume of 56,900 shares, the short-interest ratio is currently 0.9 days.
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. bought a new stake in AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH – Free Report) during the 4th quarter, according to the company in its most recent disclosure 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 quarter.
AdvisorShares Dorsey Wright Short ETF Stock Down 2.1 %
Shares of AdvisorShares Dorsey Wright Short ETF stock traded down $0.16 during trading on Friday, hitting $7.44. 81,157 shares of the stock were exchanged, compared to its average volume of 32,618. The company has a fifty day moving average price of $7.06 and a 200-day moving average price of $7.18. AdvisorShares Dorsey Wright Short ETF has a 1-year low of $6.66 and a 1-year high of $7.77.
AdvisorShares Dorsey Wright Short ETF Dividend Announcement
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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