WealthTrust DBS Long Term Growth ETF (NYSE:WLTG) Stock Short Interest Drops 40.1%

WealthTrust DBS Long Term Growth ETF (NYSE:WLTG) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 7,392 shares, a decrease of 40.1% from the August 31st total of 12,338 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 4,653 shares, the days-to-cover ratio is currently 1.6 days.

WealthTrust DBS Long Term Growth ETF Trading Up 0.2%

Shares of WLTG stock opened at $38.07 on Wednesday. WealthTrust DBS Long Term Growth ETF has a 12 month low of $32.93 and a 12 month high of $39.46. The stock has a market cap of $76.90 million, a PE ratio of 19.76 and a beta of 0.80. The company’s fifty day moving average price is $38.39 and its 200-day moving average price is $37.14.

WealthTrust DBS Long Term Growth ETF Company Profile

The WealthTrust DBS Long Term Growth ETF (WLTG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund allocates its exposure between equity and tactical defensive sleeves utilizing a trend analysis model and quantitative process. The fund is actively managed. WLTG was launched on Dec 5, 2021 and is managed by WealthTrust.