HDGE Ranger Equity Bear ETF
This is an actively managed fund that seeks capital appreciation through short sales of domestically traded equity securities. HDGE is sub-advised by Ranger Alternative Management L.P. The portfolio management team implements a bottom-up fundamental research driven security selection process. In selecting short positions the Fund seeks to identify securities with low earnings quality or aggressive accounting which may be intended on the part of company management to mask operational deterioration and bolster the reported earnings per share over a short time period. In addition the portfolio management team seeks to identify earnings driven events that may act as a catalyst to the price decline of a security such as downwards earnings revisions or reduced forward guidance.
$27.02 +0.33 (1.24%)
As of 03/23/2023 16:00:00 EST IEX book CBOE book
ETF Information
Sponsor: AdvisorShares
Category1: US Equity
Category2: Broad market
Category3: Multi-cap
Morningstar category: Bear Market
Leverage factor: -1.00
Inception date: 01/26/2011
Current yield: 0.00%
Historical average yield: 0.04%
Market cap: $143,543,750
Average volume: 220,240
Fees: 2.7200%
Investment style: Actively managed