WealthTrust DBS Long Term Growth ETF (NYSE:WLTG) Sees Large Increase in Short Interest

WealthTrust DBS Long Term Growth ETF (NYSE:WLTG) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 12,338 shares, an increase of 70.7% from the August 15th total of 7,227 shares. Based on an average daily trading volume, of 12,030 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.6% of the shares of the company are short sold.

WealthTrust DBS Long Term Growth ETF Price Performance

WealthTrust DBS Long Term Growth ETF stock traded down $0.06 during midday trading on Friday, reaching $38.12. 28,620 shares of the company traded hands, compared to its average volume of 9,350. WealthTrust DBS Long Term Growth ETF has a 12 month low of $32.93 and a 12 month high of $39.46. The business has a 50 day moving average of $38.26 and a two-hundred day moving average of $36.98. The firm has a market capitalization of $114.32 million, a price-to-earnings ratio of 19.76 and a beta of 0.80.

About WealthTrust DBS Long Term Growth ETF

The WealthTrust DBS Long Term Growth ETF (WLTG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund allocates its exposure between equity and tactical defensive sleeves utilizing a trend analysis model and quantitative process. The fund is actively managed. WLTG was launched on Dec 5, 2021 and is managed by WealthTrust.