AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH – Get Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 25,137 shares, a decline of 75.9% from the June 30th total of 104,375 shares. Approximately 2.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 166,764 shares, the days-to-cover ratio is presently 0.2 days.
Institutional Investors Weigh In On AdvisorShares Dorsey Wright Short ETF
A number of institutional investors and hedge funds have recently modified their holdings of DWSH. Royal Bank of Canada boosted its position in shares of AdvisorShares Dorsey Wright Short ETF by 50.2% in the 1st quarter. Royal Bank of Canada now owns 13,776 shares of the company’s stock valued at $90,000 after purchasing an additional 4,602 shares during the period. OLD Mission Capital LLC acquired a new stake in AdvisorShares Dorsey Wright Short ETF during the 4th quarter worth about $94,000. Osaic Holdings Inc. boosted its holdings in shares of AdvisorShares Dorsey Wright Short ETF by 1.4% in 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 during the period. Raymond James Financial Inc. increased its position in shares of AdvisorShares Dorsey Wright Short ETF by 61.6% in the third quarter. Raymond James Financial Inc. now owns 37,982 shares of the company’s stock worth $261,000 after acquiring an additional 14,484 shares in the last quarter. Finally, Private Advisor Group LLC increased its position in shares of AdvisorShares Dorsey Wright Short ETF by 22.0% in the third quarter. Private Advisor Group LLC now owns 15,500 shares of the company’s stock worth $106,000 after acquiring an additional 2,800 shares in the last quarter.
AdvisorShares Dorsey Wright Short ETF Price Performance
Shares of NASDAQ DWSH traded down $0.20 during trading on Monday, hitting $5.88. The company had a trading volume of 35,103 shares, compared to its average volume of 53,489. AdvisorShares Dorsey Wright Short ETF has a 52 week low of $5.57 and a 52 week high of $7.50. The business’s 50-day moving average is $6.31 and its 200 day moving average is $6.32.
AdvisorShares Dorsey Wright Short ETF Company Profile
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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