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

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) saw a significant growth in short interest in May. As of May 31st, there was short interest totalling 21,800 shares, a growth of 190.7% from the May 15th total of 7,500 shares. Based on an average daily volume of 64,200 shares, the short-interest ratio is presently 0.3 days. Approximately 1.3% of the shares of the stock are sold short.

AdvisorShares Dorsey Wright Short ETF Price Performance

NASDAQ:DWSH opened at $7.35 on Friday. The firm has a 50 day simple moving average of $8.02 and a 200-day simple moving average of $7.46. AdvisorShares Dorsey Wright Short ETF has a 1-year low of $6.66 and a 1-year high of $9.08.

Hedge Funds Weigh In On AdvisorShares Dorsey Wright Short ETF

Institutional investors have recently modified their holdings of the company. Hanover Advisors Inc. acquired a new position in shares of AdvisorShares Dorsey Wright Short ETF in the first quarter valued at approximately $98,000. OLD Mission Capital LLC acquired a new position in shares of AdvisorShares Dorsey Wright Short ETF in the first quarter valued at approximately $197,000. Finally, Raymond James Financial Inc. acquired a new position in AdvisorShares Dorsey Wright Short ETF during the fourth quarter worth approximately $762,000.

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.