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In the ETF industry, the published NAV per share is the settlement benchmark every transaction prices against.
Against that backdrop, AdvisorShares, the Bethesda, Maryland-based fund manager, announced on July 8, 2026 that it is restating the previously disclosed net asset value per share for two of its short-selling funds: the AdvisorShares Ranger Equity Bear ETF (NYSE Arca: HDGE) and the AdvisorShares Dorsey Wright Short ETF (Nasdaq: DWSH).
The restatement reflects the correction of a trade error. Two bear funds, one corrected number HDGE and DWSH are equity bear products.
Their purpose is to move inversely to the market, which means they hold short positions rather than long ones. For investors using these funds as hedges, the accuracy of the daily NAV is not a back-office detail.
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