Short Interest in AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Expands By 1,611.1%

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 69,387 shares, a growth of 1,611.1% from the May 14th total of 4,055 shares. Currently, 5.0% of the shares of the company are sold short. Based on an average trading volume of 59,175 shares, the short-interest ratio is currently 1.2 days.

Institutional Trading of AdvisorShares Dorsey Wright Short ETF

Several large investors have recently made changes to their positions in the business. Osaic Holdings Inc. boosted its holdings in shares of AdvisorShares Dorsey Wright Short ETF by 1.4% in the 4th quarter. Osaic Holdings Inc. now owns 370,688 shares of the company’s stock valued at $2,387,000 after acquiring an additional 4,942 shares during the last quarter. Raymond James Financial Inc. grew its position 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 period. Cibc World Market Inc. purchased a new position in AdvisorShares Dorsey Wright Short ETF in the third quarter valued at $189,000. Private Advisor Group LLC increased its holdings in 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 valued at $106,000 after buying an additional 2,800 shares in the last quarter. Finally, OLD Mission Capital LLC acquired a new position in shares of AdvisorShares Dorsey Wright Short ETF in the fourth quarter worth about $94,000.

AdvisorShares Dorsey Wright Short ETF Stock Down 0.2%

Shares of DWSH stock traded down $0.01 during trading hours on Wednesday, hitting $6.34. The company’s stock had a trading volume of 4,147 shares, compared to its average volume of 45,243. The company has a 50 day moving average of $6.45 and a 200 day moving average of $6.44. AdvisorShares Dorsey Wright Short ETF has a 12-month low of $5.93 and a 12-month high of $7.70.

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.