Short Interest in AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Rises By 109.8%

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 60,200 shares, an increase of 109.8% from the November 30th total of 28,700 shares. Based on an average daily volume of 30,600 shares, the days-to-cover ratio is currently 2.0 days.

AdvisorShares Dorsey Wright Short ETF Stock Up 1.0 %

Shares of NASDAQ:DWSH traded up $0.07 during midday trading on Friday, hitting $7.01. The company had a trading volume of 265,040 shares, compared to its average volume of 30,670. AdvisorShares Dorsey Wright Short ETF has a 12 month low of $6.89 and a 12 month high of $7.77. The firm has a fifty day simple moving average of $7.22 and a 200 day simple moving average of $7.30.

AdvisorShares Dorsey Wright Short ETF Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 23rd will be issued a dividend of $0.4339 per share. The ex-dividend date is Monday, December 23rd.

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.