AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Short Interest Update

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 16,561 shares, a decline of 38.2% from the July 30th total of 26,788 shares. Based on an average daily trading volume, of 10,233 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.5% of the shares of the company are short sold.

AdvisorShares Dorsey Wright Short ETF Price Performance

Shares of NASDAQ DWSH opened at $5.36 on Monday. The firm’s 50-day moving average price is $5.87 and its 200-day moving average price is $6.22. AdvisorShares Dorsey Wright Short ETF has a 52-week low of $5.34 and a 52-week high of $7.50.

Institutional Trading of AdvisorShares Dorsey Wright Short ETF

Several hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada raised its stake 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 valued at $90,000 after purchasing an additional 4,602 shares during the period. OLD Mission Capital LLC bought a new position in AdvisorShares Dorsey Wright Short ETF during the fourth quarter valued at approximately $94,000. Private Advisor Group LLC increased 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 worth $106,000 after acquiring an additional 2,800 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of AdvisorShares Dorsey Wright Short ETF during the 2nd quarter valued at approximately $175,000. Finally, Osaic Holdings Inc. raised its stake in 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 valued at $2,387,000 after purchasing an additional 4,942 shares in the last quarter.

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.