AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH – Get Free Report) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 51,800 shares, a decline of 50.0% from the February 13th total of 103,700 shares. Based on an average daily volume of 56,900 shares, the short-interest ratio is presently 0.9 days. Approximately 2.8% of the shares of the company are sold short.
AdvisorShares Dorsey Wright Short ETF Trading Down 1.8 %
Shares of NASDAQ DWSH traded down $0.14 during mid-day trading on Friday, reaching $7.46. 84,502 shares of the company’s stock were exchanged, compared to its average volume of 32,758. AdvisorShares Dorsey Wright Short ETF has a 52 week low of $6.66 and a 52 week high of $7.77. The firm has a 50-day moving average price of $7.07 and a two-hundred day moving average price of $7.18.
AdvisorShares Dorsey Wright Short ETF Announces Dividend
The business also recently announced a dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.4339 per share. The ex-dividend date of this dividend was Monday, December 23rd.
Institutional Inflows and Outflows
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.
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