Ranger Equity Bear ETF (NYSEARCA:HDGE) Short Interest Update

Ranger Equity Bear ETF (NYSEARCA:HDGE) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 69,500 shares, a decrease of 49.6% from the January 29th total of 137,865 shares. Approximately 2.0% of the shares of the company are short sold. Based on an average trading volume of 69,427 shares, the short-interest ratio is presently 1.0 days. Based on an average trading volume of 69,427 shares, the short-interest ratio is presently 1.0 days. Approximately 2.0% of the shares of the company are short sold.

Ranger Equity Bear ETF Stock Up 1.5%

HDGE stock traded up $0.26 during trading on Friday, hitting $17.17. 74,858 shares of the company’s stock traded hands, compared to its average volume of 79,314. The stock has a market capitalization of $58.72 million, a price-to-earnings ratio of 11.83 and a beta of -1.14. Ranger Equity Bear ETF has a 52 week low of $15.62 and a 52 week high of $19.93. The stock has a fifty day moving average price of $16.33 and a two-hundred day moving average price of $16.46.

About Ranger Equity Bear ETF

The AdvisorShares Ranger Equity Bear ETF (HDGE) is an exchange-traded fund that is based on the MSCI World index. The fund is actively-managed fund that attempts to achieve positive returns by shorting US-listed companies believed to have low earnings quality or use aggressive accounting policies. HDGE was launched on Jan 26, 2011 and is managed by AdvisorShares.