AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Short Interest Up 109.8% in December

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) was the target of a significant growth in short interest in 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 Price Performance

AdvisorShares Dorsey Wright Short ETF stock traded up $0.07 during midday trading on Friday, hitting $7.01. The company’s stock had a trading volume of 265,753 shares, compared to its average volume of 30,677. AdvisorShares Dorsey Wright Short ETF has a 1-year low of $6.89 and a 1-year high of $7.77. The company has a 50-day moving average price of $7.21 and a two-hundred day moving average price 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. Stockholders of record on Monday, December 23rd will be given a $0.4339 dividend. The ex-dividend date of this dividend 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.