AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Stock Short Interest Report for October

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 51,109 shares, an increase of 156.4% from the September 30th total of 19,931 shares. Based on an average daily trading volume, of 83,821 shares, the days-to-cover ratio is presently 0.6 days. Approximately 3.9% of the company’s shares are short sold.

AdvisorShares Dorsey Wright Short ETF Trading Down 1.1%

Shares of DWSH opened at $5.56 on Friday. The business’s fifty day moving average price is $5.70 and its two-hundred day moving average price is $6.11. AdvisorShares Dorsey Wright Short ETF has a 52 week low of $5.34 and a 52 week high of $7.50.

Hedge Funds Weigh In On AdvisorShares Dorsey Wright Short ETF

A hedge fund recently raised its stake in AdvisorShares Dorsey Wright Short ETF stock. Envestnet Asset Management Inc. increased its position in AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) by 102.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 112,266 shares of the company’s stock after purchasing an additional 56,723 shares during the quarter. Envestnet Asset Management Inc. owned approximately 10.11% of AdvisorShares Dorsey Wright Short ETF worth $704,000 as of its most recent SEC filing.

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.