AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Trading Up 2.4% – Still a Buy?

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) shares rose 2.4% during mid-day trading on Monday . The stock traded as high as $5.66 and last traded at $5.66. 8,014 shares were traded during trading, a decline of 84% from the average session volume of 49,934 shares. The stock had previously closed at $5.53.

AdvisorShares Dorsey Wright Short ETF Trading Down 0.9%

The business has a fifty day moving average of $6.03 and a 200 day moving average of $6.27.

Institutional Trading of AdvisorShares Dorsey Wright Short ETF

Several hedge funds have recently made changes to their positions in DWSH. Private Advisor Group LLC increased its position in shares of AdvisorShares Dorsey Wright Short ETF by 22.0% during the third quarter. Private Advisor Group LLC now owns 15,500 shares of the company’s stock worth $106,000 after acquiring an additional 2,800 shares during the period. Royal Bank of Canada boosted its holdings 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 valued at $90,000 after purchasing an additional 4,602 shares during the period. Osaic Holdings Inc. boosted its holdings 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 valued at $2,387,000 after purchasing an additional 4,942 shares during the period. Raymond James Financial Inc. grew its stake in 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 worth $261,000 after purchasing an additional 14,484 shares in the last quarter. Finally, OLD Mission Capital LLC acquired a new position in AdvisorShares Dorsey Wright Short ETF during the 4th quarter worth $94,000.

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.