AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Short Interest Down 59.5% in June

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 28,109 shares, a drop of 59.5% from the May 31st total of 69,387 shares. Approximately 2.0% of the shares of the stock are sold short. Based on an average daily volume of 52,292 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of AdvisorShares Dorsey Wright Short ETF

Several hedge funds have recently made changes to their positions in DWSH. Osaic Holdings Inc. lifted its stake 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 purchasing an additional 4,942 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of 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 worth $261,000 after acquiring an additional 14,484 shares during the period. Private Advisor Group LLC lifted its holdings in shares of AdvisorShares Dorsey Wright Short ETF by 22.0% in the 3rd 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 purchased a new position in AdvisorShares Dorsey Wright Short ETF during the 4th quarter valued at about $94,000. Finally, Royal Bank of Canada raised its stake in AdvisorShares Dorsey Wright Short ETF by 50.2% in the first quarter. Royal Bank of Canada now owns 13,776 shares of the company’s stock worth $90,000 after buying an additional 4,602 shares in the last quarter.

AdvisorShares Dorsey Wright Short ETF Price Performance

Shares of AdvisorShares Dorsey Wright Short ETF stock remained flat at $6.26 during trading hours on Monday. The stock had a trading volume of 14,488 shares, compared to its average volume of 44,703. AdvisorShares Dorsey Wright Short ETF has a fifty-two week low of $5.93 and a fifty-two week high of $7.50. The stock has a 50-day moving average price of $6.44 and a 200 day moving average price of $6.39.

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.