AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Trading Down 0.3% – Here’s Why

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH)’s share price were down 0.3% during trading on Monday . The stock traded as low as $5.82 and last traded at $5.85. 51,027 shares changed hands during trading, an increase of 5% from the average daily volume of 48,432 shares. The stock had previously closed at $5.87.

AdvisorShares Dorsey Wright Short ETF Trading Up 1.0%

The firm’s fifty day moving average is $5.67 and its 200-day moving average is $6.15.

Institutional Trading of AdvisorShares Dorsey Wright Short ETF

An institutional investor recently raised its position in AdvisorShares Dorsey Wright Short ETF stock. Royal Bank of Canada boosted its holdings in AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) by 50.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,776 shares of the company’s stock after purchasing an additional 4,602 shares during the period. Royal Bank of Canada owned about 0.98% of AdvisorShares Dorsey Wright Short ETF worth $90,000 as of its most recent filing with the Securities and Exchange Commission.

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.