How does a BUY at $19.50 sound?This Price was projected from a two-year WEEKLY CHART. My Best GUESS scenario. I best sell what I currently hold!! Is anyone Shorting this 3X piece of CRUD?
Key stats
About AdvisorShares Dorsey Wright Short ETF
Expense ratio
4.00%
Home page
Inception date
Jul 10, 2018
DWSH is actively managed, but relies entirely on a technical indicator to build a portfolio of short interests in US-listed large-cap stocks. The fund follows a momentum strategy, picking roughly 75-100 companies with the weakest relative strength. Securities are held short on a modified equal weighting. The fund manager reviews the portfolio on a weekly basis for changes in relative strength scores and potentially changes underlying holdings. In a volatile equity market, the strategy can generate a lot of turnover. A similar strategy is provided by sibling fund HDGE.
Classification
What's in the fund
Exposure type
Mutual fund
Bonds, Cash & Other100.00%
Mutual fund246.72%
Cash−55.78%
Miscellaneous−90.94%
Displays a symbol's price movements over previous years to identify recurring trends.