WealthTrust DBS Long Term Growth ETF (NYSE:WLTG) Sees Large Increase in Short Interest

WealthTrust DBS Long Term Growth ETF (NYSE:WLTGGet Free Report) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 12,338 shares, a growth of 70.7% from the August 15th total of 7,227 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average trading volume of 12,030 shares, the days-to-cover ratio is currently 1.0 days.

WealthTrust DBS Long Term Growth ETF Trading Down 0.3%

WealthTrust DBS Long Term Growth ETF stock traded down $0.11 on Wednesday, reaching $37.86. 5,417 shares of the stock were exchanged, compared to its average volume of 9,289. WealthTrust DBS Long Term Growth ETF has a twelve month low of $32.93 and a twelve month high of $39.46. The firm has a fifty day moving average price of $38.24 and a two-hundred day moving average price of $36.95. The stock has a market cap of $113.54 million, a PE ratio of 19.76 and a beta of 0.80.

About WealthTrust DBS Long Term Growth ETF

(Get Free Report)

The WealthTrust DBS Long Term Growth ETF (WLTG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund allocates its exposure between equity and tactical defensive sleeves utilizing a trend analysis model and quantitative process. The fund is actively managed. WLTG was launched on Dec 5, 2021 and is managed by WealthTrust.

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