WealthTrust DBS Long Term Growth ETF (NYSE:WLTG) Stock Short Interest Drops 40.1%

by · The Cerbat Gem

WealthTrust DBS Long Term Growth ETF (NYSE:WLTG – Get Free Report) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 7,392 shares, a decrease of 40.1% from the August 31st total of 12,338 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,653 shares, the days-to-cover ratio is currently 1.6 days.

WealthTrust DBS Long Term Growth ETF Stock Performance

WealthTrust DBS Long Term Growth ETF stock traded up $0.12 during trading on Thursday, reaching $38.04. The company had a trading volume of 13,568 shares, compared to its average volume of 9,537. The firm’s 50-day simple moving average is $38.40 and its 200 day simple moving average is $37.16. WealthTrust DBS Long Term Growth ETF has a 1-year low of $32.93 and a 1-year high of $39.46. The firm has a market capitalization of $76.84 million, a PE ratio of 19.76 and a beta of 0.80.

WealthTrust DBS Long Term Growth ETF Company Profile

(Get Free Report)

The WealthTrust DBS Long Term Growth ETF (WLTG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund allocates its exposure between equity and tactical defensive sleeves utilizing a trend analysis model and quantitative process. The fund is actively managed. WLTG was launched on Dec 5, 2021 and is managed by WealthTrust.

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