AdvisorShares Corrects ETF Net Asset Values Due to Trade Error
AdvisorShares announced that previously reported net asset values (NAV) per share for its HDGE and DWSH ETFs have been restated to correct a trading error.
AdvisorShares has restated the net asset values (NAV) per share for two of its exchange-traded funds (ETFs). The adjustment affects the AdvisorShares Ranger Equity Bear ETF (ticker: HDGE) and the AdvisorShares Dorsey Wright Short ETF (ticker: DWSH).
The restatements were issued to correct a previous trading error that impacted the reported valuation of the funds. The company has not provided specific details regarding the nature of the error or its precise effects.
The corrections were announced in early July. Investors seeking specific figures for the revised NAVs and their implications for fund share values can find detailed information on the company's official website.