AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Sees Significant Growth in Short Interest

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 104,375 shares, an increase of 271.3% from the June 15th total of 28,109 shares. Currently, 6.1% of the company’s shares are sold short. Based on an average daily trading volume, of 34,028 shares, the short-interest ratio is currently 3.1 days.

Institutional Investors Weigh In On AdvisorShares Dorsey Wright Short ETF

A number of institutional investors and hedge funds have recently made changes to their positions in DWSH. Osaic Holdings Inc. boosted its position in AdvisorShares Dorsey Wright Short ETF by 1.4% in the fourth quarter. Osaic Holdings Inc. now owns 370,688 shares of the company’s stock worth $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 3rd quarter. Raymond James Financial Inc. now owns 37,982 shares of the company’s stock valued at $261,000 after purchasing an additional 14,484 shares during the last quarter. Private Advisor Group LLC increased its position in shares of AdvisorShares Dorsey Wright Short ETF by 22.0% during the 3rd quarter. Private Advisor Group LLC now owns 15,500 shares of the company’s stock valued at $106,000 after purchasing an additional 2,800 shares during the last quarter. OLD Mission Capital LLC bought a new stake in shares of AdvisorShares Dorsey Wright Short ETF during the 4th quarter worth $94,000. Finally, Royal Bank of Canada raised its stake in shares of AdvisorShares Dorsey Wright Short ETF by 50.2% during the 1st quarter. Royal Bank of Canada now owns 13,776 shares of the company’s stock worth $90,000 after purchasing an additional 4,602 shares during the period.

AdvisorShares Dorsey Wright Short ETF Stock Down 0.8%

Shares of AdvisorShares Dorsey Wright Short ETF stock traded down $0.05 during trading on Monday, reaching $6.09. 8,026 shares of the company traded hands, compared to its average volume of 54,748. AdvisorShares Dorsey Wright Short ETF has a 1-year low of $5.57 and a 1-year high of $7.50. The company has a 50 day moving average price of $6.39 and a 200-day moving average price of $6.34.

About AdvisorShares Dorsey Wright Short ETF

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.