AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Shares Up 0.3% – Here’s What Happened

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH)’s share price traded up 0.3% during trading on Wednesday . The company traded as high as $6.65 and last traded at $6.57. 44,447 shares changed hands during trading, a decline of 11% from the average session volume of 49,965 shares. The stock had previously closed at $6.55.

AdvisorShares Dorsey Wright Short ETF Stock Up 0.3%

The business’s fifty day moving average price is $6.32 and its 200 day moving average price is $6.60.

Institutional Investors Weigh In On AdvisorShares Dorsey Wright Short ETF

Several hedge funds have recently added to or reduced their stakes in DWSH. Osaic Holdings Inc. grew its position in shares of AdvisorShares Dorsey Wright Short ETF by 7,050.9% in the 2nd quarter. Osaic Holdings Inc. now owns 253,500 shares of the company’s stock valued at $1,883,000 after buying an additional 249,955 shares during the last quarter. Cibc World Market Inc. acquired a new stake in shares of AdvisorShares Dorsey Wright Short ETF in the third quarter valued at about $189,000. Raymond James Financial Inc. bought a new position in shares of AdvisorShares Dorsey Wright Short ETF during the second quarter worth about $175,000. OLD Mission Capital LLC bought a new position in shares of AdvisorShares Dorsey Wright Short ETF during the fourth quarter worth about $94,000. Finally, Private Advisor Group LLC lifted its stake in shares of AdvisorShares Dorsey Wright Short ETF by 22.0% in the third quarter. Private Advisor Group LLC now owns 15,500 shares of the company’s stock worth $106,000 after acquiring an additional 2,800 shares during the period.

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.