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

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH)’s stock price rose 0.3% during mid-day trading on Friday . The stock traded as high as $6.46 and last traded at $6.43. Approximately 100,303 shares changed hands during trading, an increase of 119% from the average daily volume of 45,878 shares. The stock had previously closed at $6.41.

AdvisorShares Dorsey Wright Short ETF Trading Up 0.3%

The company has a fifty day simple moving average of $6.47 and a 200-day simple moving average of $6.46.

Institutional Trading of AdvisorShares Dorsey Wright Short ETF

Hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada grew its holdings in AdvisorShares Dorsey Wright Short ETF by 50.2% during the first quarter. Royal Bank of Canada now owns 13,776 shares of the company’s stock valued at $90,000 after purchasing an additional 4,602 shares during the period. OLD Mission Capital LLC bought a new stake in AdvisorShares Dorsey Wright Short ETF during the fourth quarter valued at about $94,000. Private Advisor Group LLC grew its holdings in AdvisorShares Dorsey Wright Short ETF by 22.0% during the third quarter. Private Advisor Group LLC now owns 15,500 shares of the company’s stock valued at $106,000 after purchasing an additional 2,800 shares during the period. Raymond James Financial Inc. bought a new stake in AdvisorShares Dorsey Wright Short ETF during the second quarter valued at about $175,000. Finally, Cibc World Market Inc. bought a new stake in AdvisorShares Dorsey Wright Short ETF during the third quarter valued at about $189,000.

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.