Short Interest in AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Declines By 75.9%

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSHGet Free Report) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 25,137 shares, a decrease of 75.9% from the June 30th total of 104,375 shares. Approximately 2.3% of the company’s shares are short sold. Based on an average daily volume of 166,764 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new position in shares of AdvisorShares Dorsey Wright Short ETF in the second quarter worth $175,000. OLD Mission Capital LLC acquired a new position in AdvisorShares Dorsey Wright Short ETF in the fourth quarter valued at approximately $94,000. Osaic Holdings Inc. lifted its stake in shares of AdvisorShares Dorsey Wright Short ETF by 1.4% in the 4th quarter. Osaic Holdings Inc. now owns 370,688 shares of the company’s stock valued at $2,387,000 after purchasing an additional 4,942 shares during the period. Royal Bank of Canada raised its position in shares of AdvisorShares Dorsey Wright Short ETF by 50.2% in the first quarter. Royal Bank of Canada now owns 13,776 shares of the company’s stock worth $90,000 after acquiring an additional 4,602 shares during the period. Finally, Private Advisor Group LLC boosted its position in AdvisorShares Dorsey Wright Short ETF by 22.0% during the third quarter. Private Advisor Group LLC now owns 15,500 shares of the company’s stock worth $106,000 after purchasing an additional 2,800 shares in the last quarter.

AdvisorShares Dorsey Wright Short ETF Stock Performance

Shares of NASDAQ:DWSH traded down $0.17 during trading on Friday, reaching $6.07. 24,222 shares of the company were exchanged, compared to its average volume of 53,620. The business’s fifty day simple moving average is $6.31 and its 200-day simple moving average is $6.32. AdvisorShares Dorsey Wright Short ETF has a 12-month low of $5.57 and a 12-month high of $7.50.

AdvisorShares Dorsey Wright Short ETF Company Profile

(Get Free Report)

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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