AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Short Interest Up 1,611.1% in May

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 69,387 shares, an increase of 1,611.1% from the May 14th total of 4,055 shares. Currently, 5.0% of the shares of the company are sold short. Based on an average daily volume of 59,175 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Investors Weigh In On AdvisorShares Dorsey Wright Short ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada increased its holdings in AdvisorShares Dorsey Wright Short ETF by 50.2% in the 1st quarter. Royal Bank of Canada now owns 13,776 shares of the company’s stock valued at $90,000 after buying an additional 4,602 shares during the period. OLD Mission Capital LLC bought a new stake in AdvisorShares Dorsey Wright Short ETF in the 4th quarter valued at $94,000. Osaic Holdings Inc. increased its holdings in AdvisorShares Dorsey Wright Short ETF by 1.4% in the 4th quarter. Osaic Holdings Inc. now owns 370,688 shares of the company’s stock valued at $2,387,000 after buying an additional 4,942 shares during the period. Raymond James Financial Inc. increased its holdings in AdvisorShares Dorsey Wright Short ETF by 61.6% in the 3rd quarter. Raymond James Financial Inc. now owns 37,982 shares of the company’s stock valued at $261,000 after buying an additional 14,484 shares during the period. Finally, Private Advisor Group LLC increased its holdings in AdvisorShares Dorsey Wright Short ETF by 22.0% in the 3rd quarter. Private Advisor Group LLC now owns 15,500 shares of the company’s stock valued at $106,000 after buying an additional 2,800 shares during the period.

AdvisorShares Dorsey Wright Short ETF Trading Down 1.2%

AdvisorShares Dorsey Wright Short ETF stock traded down $0.08 on Tuesday, hitting $6.35. The company’s stock had a trading volume of 57,494 shares, compared to its average volume of 45,621. The company has a fifty day moving average price of $6.45 and a 200-day moving average price of $6.44. AdvisorShares Dorsey Wright Short ETF has a one year low of $5.93 and a one year high of $7.70.

AdvisorShares Dorsey Wright Short ETF Company Profile

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.