Short Interest in AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Rises By 1,933.3%

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 103,700 shares, an increase of 1,933.3% from the January 31st total of 5,100 shares. Based on an average daily trading volume, of 49,700 shares, the short-interest ratio is currently 2.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in AdvisorShares Dorsey Wright Short ETF stock. Raymond James Financial Inc. bought a new stake in AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 108,449 shares of the company’s stock, valued at approximately $762,000. Raymond James Financial Inc. owned 5.77% of AdvisorShares Dorsey Wright Short ETF at the end of the most recent quarter.

AdvisorShares Dorsey Wright Short ETF Stock Performance

DWSH opened at $7.26 on Friday. AdvisorShares Dorsey Wright Short ETF has a 52 week low of $6.66 and a 52 week high of $7.77. The business has a fifty day simple moving average of $6.99 and a 200-day simple moving average of $7.18.

AdvisorShares Dorsey Wright Short ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 23rd were given a dividend of $0.4339 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.