|Bid||2.8300 x 1100|
|Ask||2.8500 x 40000|
|Day's Range||2.8300 - 2.8600|
|52 Week Range||2.8300 - 7.9500|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-6.63%|
|Beta (5Y Monthly)||-1.37|
|Expense Ratio (net)||3.36%|
AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), has announced a reverse split of the issued and outstanding shares of the AdvisorShares Ranger Equity Bear ETF. The split will not change the total value of a shareholder's investment.
Contrarian investors seeking to capitalize on stocks market declines can profit during a bear market using an inverse exchange-traded fund (ETF). A bear market is typically defined as a situation where securities prices fall 20% or more from recent highs amid widespread investor pessimism.
Short seller David Tice, new CIO of AdvisorShares Ranger Equity Bear ETF (HDGE), discusses short opportunities in a post-COVID world.