AdvisorShares Restates NAV for Two Bear ETFs After Trade Error

AdvisorShares is correcting previously reported net asset values for two short-selling ETFs due to a trade error.

AdvisorShares, based in Bethesda, Maryland, announced on July 8, 2026 that it is restating the net asset value (NAV) per share for two of its exchange-traded funds after discovering a trade error that affected previously disclosed figures. The two funds involved are the AdvisorShares Ranger Equity Bear ETF, traded on NYSE Arca under the ticker HDGE, and the AdvisorShares Dorsey Wright Short ETF, traded on Nasdaq under the ticker DWSH. Both are short-biased funds, meaning they are designed to profit when stock prices fall. The restatement corrects the NAV figures that had been previously reported to investors. NAV per share is a key metric for ETF investors, representing the per-share value of the fund's underlying assets after liabilities, and errors in its calculation can affect trading decisions and investor records. The announcement was distributed via PR Newswire, indicating it is a formal public disclosure. Beyond the correction of a trade error as the stated cause, the full scope of the discrepancy — including the magnitude of the NAV difference and the specific dates affected — is not available from the accessible source material.

Why it matters

NAV restatements can affect investors who bought or sold shares based on the incorrect figures, potentially requiring adjustments to transaction records or tax reporting. Short-strategy ETFs like HDGE and DWSH are often used as hedging tools, making accurate NAV data particularly important for portfolio management.

What's next

Investors holding HDGE or DWSH should review the full restatement details from AdvisorShares to assess any impact on their transactions.

Key facts

• AdvisorShares announced the NAV restatement on July 8, 2026
• The restatement affects two ETFs: HDGE (NYSE Arca) and DWSH (Nasdaq)
• The correction stems from a trade error in previously disclosed NAV figures
• AdvisorShares is headquartered in Bethesda, Maryland
• Both affected funds are short-equity strategies designed to profit in declining markets

Bias & framing notes

All four sources carried identical headlines, consistent with syndicated press release distribution. Only the Cision source provided any accessible content, which was itself a PR Newswire release — meaning all available information comes from a single primary source (the company itself), with no independent journalistic reporting to cross-check facts or provide context.