Previous Close | 2.8300 |
Open | 2.8500 |
Bid | 2.8300 x 1100 |
Ask | 2.8500 x 40000 |
Day's Range | 2.8300 - 2.8600 |
52 Week Range | 2.8300 - 7.9500 |
Volume | 486,631 |
Avg. Volume | 770,875 |
Net Assets | 59.58M |
NAV | 2.83 |
PE Ratio (TTM) | N/A |
Yield | 0.00% |
YTD Daily Total Return | -6.63% |
Beta (5Y Monthly) | -1.37 |
Expense Ratio (net) | 3.36% |
Inception Date | 2011-01-26 |
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.