AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH – Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 69,387 shares, an increase of 1,611.1% from the May 14th total of 4,055 shares. Approximately 5.0% of the shares of the company are short sold. Based on an average trading volume of 59,175 shares, the days-to-cover ratio is presently 1.2 days.
AdvisorShares Dorsey Wright Short ETF Stock Up 0.9%
Shares of DWSH stock opened at $6.41 on Thursday. AdvisorShares Dorsey Wright Short ETF has a 52-week low of $5.93 and a 52-week high of $7.70. The firm’s 50-day moving average is $6.45 and its 200-day moving average is $6.44.
Institutional Trading of AdvisorShares Dorsey Wright Short ETF
A number of hedge funds have recently made changes to their positions in DWSH. Osaic Holdings Inc. raised its stake in 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 acquiring an additional 4,942 shares during the period. Raymond James Financial Inc. lifted its stake in shares of AdvisorShares Dorsey Wright Short ETF by 61.6% during the 3rd quarter. Raymond James Financial Inc. now owns 37,982 shares of the company’s stock worth $261,000 after buying an additional 14,484 shares during the last quarter. Cibc World Market Inc. bought a new stake in shares of AdvisorShares Dorsey Wright Short ETF during the 3rd quarter worth about $189,000. Private Advisor Group LLC grew its stake in AdvisorShares Dorsey Wright Short ETF by 22.0% in the 3rd quarter. Private Advisor Group LLC now owns 15,500 shares of the company’s stock valued at $106,000 after buying an additional 2,800 shares during the last quarter. Finally, OLD Mission Capital LLC bought a new position in AdvisorShares Dorsey Wright Short ETF in the 4th quarter valued at about $94,000.
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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