AdvisorShares Ranger Equity Bear ETF (HDGE)
AdvisorShares Ranger Equity Bear ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $15.31, down 0.33% on the session, giving a market capitalisation of $66.6M. Its beta of -1.13 implies it has historically moved less than the broad market.
To fulfill its investment mandate, the Sub-Advisor systematically takes short positions in a carefully selected portfolio. This portfolio primarily consists of highly liquid U.S. exchange-traded instruments, encompassing mid- and large-capitalization equity securities, ETFs, ETNs, and other similar products. A significant portion—at least 80%—of the fund's net assets, along with any capital leveraged for investment purposes, is dedicated to these short equity exposures. The Sub-Advisor employs a rigorous, bottom-up, fundamental research-driven methodology when selecting individual securities.
AdvisorShares Ranger Equity Bear ETF is most often compared with the following Financial Services names: