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

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

AdvisorShares Dorsey Wright Short ETF Trading Up 1.0 %

Shares of AdvisorShares Dorsey Wright Short ETF stock traded up $0.07 during mid-day trading on Friday, reaching $7.01. 265,753 shares of the stock were exchanged, compared to its average volume of 30,677. AdvisorShares Dorsey Wright Short ETF has a fifty-two week low of $6.89 and a fifty-two week high of $7.77. The firm has a 50-day simple moving average of $7.21 and a 200 day simple moving average of $7.30.

AdvisorShares Dorsey Wright Short ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 23rd will be given a dividend of $0.4339 per share. The ex-dividend date is Monday, December 23rd.

About AdvisorShares Dorsey Wright Short ETF

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.