Short Interest in AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Expands By 400.0%

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 500 shares, an increase of 400.0% from the February 29th total of 100 shares. Based on an average daily volume of 41,400 shares, the days-to-cover ratio is currently 0.0 days.

AdvisorShares Dorsey Wright Short ETF Stock Down 1.0 %

DWSH stock opened at $6.99 on Friday. AdvisorShares Dorsey Wright Short ETF has a 1 year low of $6.92 and a 1 year high of $10.12. The business’s 50-day moving average is $7.28 and its two-hundred day moving average is $8.23.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. UBS Group AG lifted its stake in AdvisorShares Dorsey Wright Short ETF by 136.8% during the third quarter. UBS Group AG now owns 5,286 shares of the company’s stock worth $59,000 after purchasing an additional 3,054 shares during the last quarter. Two Sigma Securities LLC acquired a new stake in AdvisorShares Dorsey Wright Short ETF during the 1st quarter worth $91,000. Advisor Group Holdings Inc. purchased a new stake in AdvisorShares Dorsey Wright Short ETF in the first quarter valued at $272,000. OLD Mission Capital LLC boosted its stake in AdvisorShares Dorsey Wright Short ETF by 1,487.9% in the first quarter. OLD Mission Capital LLC now owns 32,091 shares of the company’s stock valued at $291,000 after acquiring an additional 30,070 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of AdvisorShares Dorsey Wright Short ETF by 79,560.0% during the first quarter. NewEdge Advisors LLC now owns 39,830 shares of the company’s stock worth $361,000 after purchasing an additional 39,780 shares during the last quarter.

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.