AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Sees Large Drop in Short Interest

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSHGet Free Report) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 28,109 shares, a drop of 59.5% from the May 31st total of 69,387 shares. Based on an average trading volume of 52,292 shares, the short-interest ratio is currently 0.5 days. Approximately 2.0% of the company’s stock are sold short.

Institutional Trading of AdvisorShares Dorsey Wright Short ETF

Institutional investors have recently modified their holdings of the company. Osaic Holdings Inc. grew its holdings in shares of AdvisorShares Dorsey Wright Short ETF by 1.4% during the fourth quarter. Osaic Holdings Inc. now owns 370,688 shares of the company’s stock worth $2,387,000 after buying an additional 4,942 shares in the last quarter. Raymond James Financial Inc. lifted its stake in AdvisorShares Dorsey Wright Short ETF by 61.6% in the 3rd quarter. Raymond James Financial Inc. now owns 37,982 shares of the company’s stock valued at $261,000 after acquiring an additional 14,484 shares in the last quarter. Private Advisor Group LLC lifted 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 acquiring an additional 2,800 shares in the last quarter. OLD Mission Capital LLC acquired a new position in AdvisorShares Dorsey Wright Short ETF during the 4th quarter worth approximately $94,000. Finally, Royal Bank of Canada boosted its position in AdvisorShares Dorsey Wright Short ETF by 50.2% during the 1st 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 last quarter.

AdvisorShares Dorsey Wright Short ETF Stock Up 0.2%

Shares of NASDAQ DWSH opened at $6.27 on Wednesday. AdvisorShares Dorsey Wright Short ETF has a 1-year low of $5.93 and a 1-year high of $7.50. The company has a fifty day moving average price of $6.44 and a 200 day moving average price of $6.38.

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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