AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Stock Short Interest Report for October

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) saw a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 11,609 shares, a decrease of 77.3% from the October 15th total of 51,109 shares. Based on an average daily trading volume, of 111,983 shares, the days-to-cover ratio is presently 0.1 days. Currently, 1.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On AdvisorShares Dorsey Wright Short ETF

An institutional investor recently raised its position in AdvisorShares Dorsey Wright Short ETF stock. Envestnet Asset Management Inc. lifted its position in shares of AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) by 102.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 112,266 shares of the company’s stock after buying an additional 56,723 shares during the quarter. Envestnet Asset Management Inc. owned approximately 10.11% of AdvisorShares Dorsey Wright Short ETF worth $704,000 at the end of the most recent quarter.

AdvisorShares Dorsey Wright Short ETF Trading Down 0.6%

AdvisorShares Dorsey Wright Short ETF stock traded down $0.03 during mid-day trading on Friday, reaching $5.36. The company had a trading volume of 4,920 shares, compared to its average volume of 51,955. AdvisorShares Dorsey Wright Short ETF has a 1 year low of $5.10 and a 1 year high of $7.50. The stock’s 50-day simple moving average is $5.68 and its 200-day simple moving average is $6.07.

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.