AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Short Interest Down 75.9% in July

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 25,137 shares, a decrease of 75.9% from the June 30th total of 104,375 shares. Based on an average trading volume of 166,764 shares, the days-to-cover ratio is presently 0.2 days. Approximately 2.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of DWSH. Osaic Holdings Inc. boosted its stake in AdvisorShares Dorsey Wright Short ETF by 1.4% during the fourth quarter. Osaic Holdings Inc. now owns 370,688 shares of the company’s stock worth $2,387,000 after acquiring an additional 4,942 shares in the last quarter. Raymond James Financial Inc. increased its holdings in AdvisorShares Dorsey Wright Short ETF by 61.6% during the third quarter. Raymond James Financial Inc. now owns 37,982 shares of the company’s stock valued at $261,000 after buying an additional 14,484 shares during the last quarter. Private Advisor Group LLC raised its stake in shares of AdvisorShares Dorsey Wright Short ETF by 22.0% in the third quarter. Private Advisor Group LLC now owns 15,500 shares of the company’s stock worth $106,000 after buying an additional 2,800 shares during the period. OLD Mission Capital LLC bought a new stake in shares of AdvisorShares Dorsey Wright Short ETF during the 4th quarter valued at $94,000. Finally, Royal Bank of Canada lifted its holdings in AdvisorShares Dorsey Wright Short ETF by 50.2% in the 1st quarter. Royal Bank of Canada now owns 13,776 shares of the company’s stock worth $90,000 after purchasing an additional 4,602 shares in the last quarter.

AdvisorShares Dorsey Wright Short ETF Stock Performance

NASDAQ DWSH traded down $0.17 during trading hours on Friday, reaching $6.07. 24,222 shares of the company were exchanged, compared to its average volume of 53,620. AdvisorShares Dorsey Wright Short ETF has a 1 year low of $5.57 and a 1 year high of $7.50. The business’s 50 day simple moving average is $6.31 and its 200-day simple moving average is $6.32.

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.