Short Interest in AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Rises By 1,933.3%

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 103,700 shares, an increase of 1,933.3% from the January 31st total of 5,100 shares. Based on an average daily volume of 49,700 shares, the days-to-cover ratio is currently 2.1 days.

AdvisorShares Dorsey Wright Short ETF Stock Down 0.7 %

NASDAQ:DWSH opened at $7.26 on Friday. AdvisorShares Dorsey Wright Short ETF has a one year low of $6.66 and a one year high of $7.77. The stock has a 50 day moving average price of $6.99 and a 200 day moving average price of $7.18.

AdvisorShares Dorsey Wright Short ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 23rd were issued a $0.4339 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Investors Weigh In On AdvisorShares Dorsey Wright Short ETF

A hedge fund recently bought a new stake in AdvisorShares Dorsey Wright Short ETF stock. Raymond James Financial Inc. bought a new position in shares of AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 108,449 shares of the company’s stock, valued at approximately $762,000. Raymond James Financial Inc. owned about 5.77% of AdvisorShares Dorsey Wright Short ETF as of its most recent SEC filing.

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.