AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Sees Large Increase in Short Interest

Posted by Thomas Dobrow on Sep 14th, 2024

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH – Get Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 10,700 shares, a growth of 1,428.6% from the August 15th total of 700 shares. Based on an average daily trading volume, of 20,300 shares, the days-to-cover ratio is currently 0.5 days.

AdvisorShares Dorsey Wright Short ETF Trading Down 1.9 %

DWSH stock opened at $7.41 on Friday. The firm has a 50 day moving average price of $7.33 and a 200-day moving average price of $7.34. AdvisorShares Dorsey Wright Short ETF has a 52-week low of $6.91 and a 52-week high of $10.12.

AdvisorShares Dorsey Wright Short ETF Company Profile

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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.