Ranger Equity Bear ETF (NYSEARCA:HDGE) Share Price Passes Above 200-Day Moving Average of $20.49

Ranger Equity Bear ETF (NYSEARCA:HDGE) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $20.49 and traded as high as $21.23. Ranger Equity Bear ETF shares last traded at $21.23, with a volume of 18,969 shares.

Ranger Equity Bear ETF Stock Up 0.7 %

The stock has a market cap of $76.00 million, a PE ratio of 10.51 and a beta of -1.27. The business has a 50 day moving average price of $20.81 and a 200 day moving average price of $20.49.

Institutional Trading of Ranger Equity Bear ETF

A hedge fund recently raised its stake in Ranger Equity Bear ETF stock. Vanguard Capital Wealth Advisors lifted its stake in Ranger Equity Bear ETF (NYSEARCA:HDGE) by 11.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 48,880 shares of the exchange traded fund’s stock after buying an additional 5,023 shares during the quarter. Vanguard Capital Wealth Advisors owned approximately 0.90% of Ranger Equity Bear ETF worth $958,000 as of its most recent SEC filing.

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.