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

WealthTrust DBS Long Term Growth ETF (NYSE:WLTG) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 7,392 shares, a drop of 40.1% from the August 31st total of 12,338 shares. Based on an average trading volume of 4,653 shares, the short-interest ratio is currently 1.6 days. Approximately 0.4% of the company’s shares are short sold.

WealthTrust DBS Long Term Growth ETF Trading Up 0.7%

WealthTrust DBS Long Term Growth ETF stock traded up $0.25 during midday trading on Friday, reaching $38.27. 9,943 shares of the stock traded hands, compared to its average volume of 9,538. WealthTrust DBS Long Term Growth ETF has a 12-month low of $32.93 and a 12-month high of $39.46. The company has a 50-day simple moving average of $38.42 and a two-hundred day simple moving average of $37.19. The firm has a market cap of $77.31 million, a PE ratio of 19.76 and a beta of 0.80.

About WealthTrust DBS Long Term Growth ETF

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.