Ranger Equity Bear ETF (NYSEARCA:HDGE) Short Interest Up 29.9% in February

Ranger Equity Bear ETF (NYSEARCA:HDGE) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 90,315 shares, an increase of 29.9% from the February 12th total of 69,500 shares. Based on an average trading volume of 116,279 shares, the short-interest ratio is currently 0.8 days. Currently, 2.6% of the shares of the company are short sold. Currently, 2.6% of the shares of the company are short sold. Based on an average trading volume of 116,279 shares, the short-interest ratio is currently 0.8 days.

Ranger Equity Bear ETF Trading Up 0.1%

Shares of Ranger Equity Bear ETF stock traded up $0.02 during trading on Friday, hitting $17.97. 710,605 shares of the stock were exchanged, compared to its average volume of 154,743. The company has a fifty day moving average price of $16.65 and a 200-day moving average price of $16.54. The stock has a market capitalization of $61.46 million, a price-to-earnings ratio of 11.83 and a beta of -1.14. Ranger Equity Bear ETF has a 1-year low of $15.62 and a 1-year high of $19.93.

About Ranger Equity Bear ETF

The AdvisorShares Ranger Equity Bear ETF (HDGE) is an exchange-traded fund that is based on the MSCI World index. The fund is actively-managed fund that attempts to achieve positive returns by shorting US-listed companies believed to have low earnings quality or use aggressive accounting policies. HDGE was launched on Jan 26, 2011 and is managed by AdvisorShares.