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

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) saw a significant growth in short interest during 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 trading volume, of 29,200 shares, the short-interest ratio is presently 1.0 days.

AdvisorShares Dorsey Wright Short ETF Stock Up 0.6 %

Shares of DWSH opened at $7.15 on Friday. AdvisorShares Dorsey Wright Short ETF has a 52-week low of $6.89 and a 52-week high of $8.52. The stock has a fifty day simple moving average of $7.21 and a two-hundred day simple moving average of $7.31.

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.