WealthTrust DBS Long Term Growth ETF (NYSE:WLTG) Stock Short Interest Climbs 459.8%

WealthTrust DBS Long Term Growth ETF (NYSE:WLTG) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 3,734 shares, a growth of 459.8% from the September 30th total of 667 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 12,997 shares, the days-to-cover ratio is currently 0.3 days.

WealthTrust DBS Long Term Growth ETF Trading Up 0.4%

Shares of WLTG stock traded up $0.16 during trading hours on Tuesday, reaching $37.95. 5,560 shares of the stock were exchanged, compared to its average volume of 9,608. The firm has a market capitalization of $77.42 million, a price-to-earnings ratio of 19.76 and a beta of 0.80. WealthTrust DBS Long Term Growth ETF has a 12-month low of $32.93 and a 12-month high of $39.46. The company’s 50-day moving average price is $38.37 and its 200-day moving average price is $36.92.

WealthTrust DBS Long Term Growth ETF Company Profile

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.