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

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) was the target of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 28,700 shares, a growth of 14,250.0% from the November 15th total of 200 shares. Based on an average daily volume of 29,200 shares, the days-to-cover ratio is presently 1.0 days.

AdvisorShares Dorsey Wright Short ETF Stock Performance

Shares of DWSH traded up $0.04 during midday trading on Wednesday, hitting $7.12. 193,855 shares of the stock traded hands, compared to its average volume of 30,021. The business’s 50 day moving average price is $7.22 and its two-hundred day moving average price is $7.31. AdvisorShares Dorsey Wright Short ETF has a 1-year low of $6.89 and a 1-year high of $8.54.

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.