AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Short Interest Down 51.7% in October

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) was the target of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 11,300 shares, a drop of 51.7% from the October 15th total of 23,400 shares. Based on an average trading volume of 21,600 shares, the short-interest ratio is currently 0.5 days.

AdvisorShares Dorsey Wright Short ETF Price Performance

Shares of NASDAQ:DWSH remained flat at $7.22 during mid-day trading on Wednesday. 15,701 shares of the company were exchanged, compared to its average volume of 28,200. The stock has a fifty day moving average of $7.30 and a 200 day moving average of $7.33. AdvisorShares Dorsey Wright Short ETF has a 1-year low of $6.91 and a 1-year high of $9.69.

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.