AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Trading Up 0.3% – Still a Buy?

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH)’s stock price were up 0.3% during mid-day trading on Friday . The stock traded as high as $6.46 and last traded at $6.43. Approximately 100,303 shares changed hands during trading, an increase of 119% from the average daily volume of 45,878 shares. The stock had previously closed at $6.41.

AdvisorShares Dorsey Wright Short ETF Stock Performance

The company has a 50 day simple moving average of $6.47 and a two-hundred day simple moving average of $6.46.

Institutional Trading of AdvisorShares Dorsey Wright Short ETF

Several large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its stake in AdvisorShares Dorsey Wright Short ETF by 50.2% during the 1st quarter. Royal Bank of Canada now owns 13,776 shares of the company’s stock valued at $90,000 after purchasing an additional 4,602 shares during the last quarter. OLD Mission Capital LLC purchased a new stake in AdvisorShares Dorsey Wright Short ETF during the 4th quarter valued at about $94,000. Osaic Holdings Inc. grew its stake in AdvisorShares Dorsey Wright Short ETF by 1.4% during the 4th quarter. Osaic Holdings Inc. now owns 370,688 shares of the company’s stock valued at $2,387,000 after purchasing an additional 4,942 shares during the last quarter. Raymond James Financial Inc. grew its stake in AdvisorShares Dorsey Wright Short ETF by 61.6% during the 3rd quarter. Raymond James Financial Inc. now owns 37,982 shares of the company’s stock valued at $261,000 after purchasing an additional 14,484 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in AdvisorShares Dorsey Wright Short ETF by 22.0% during the 3rd quarter. Private Advisor Group LLC now owns 15,500 shares of the company’s stock valued at $106,000 after purchasing an additional 2,800 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.