What Next for Madrona Domestic Etf (NYSEARCA:FWDD) Stock After Increase in Shorted Shares?

July 27, 2018 - By Matthew Richard

The stock of Madrona Domestic Etf (NYSEARCA:FWDD) registered an increase of 100% in short interest. FWDD’s total short interest was 3,800 shares in July as published by FINRA. Its up 100% from 1,900 shares, reported previously. With 500 shares average volume, it will take short sellers 8 days to cover their FWDD’s short positions.

The ETF increased 1.51% or $0.82 during the last trading session, reaching $55.15. About 4,332 shares traded or 490.19% up from the average. AdvisorShares Madrona Domestic ETF (NYSEARCA:FWDD) has risen 27.18% since July 27, 2017 and is uptrending. It has outperformed by 14.61% the S&P500.

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