AdvisorShares Ranger Equity Bear ETF [HDGE] Stock Forecast

Wall Street delivered a downbeat show last week with the S&P 500 and Nasdaq logging worst weeks since March due to rising rate worries.

Wall Street delivered downbeat performances last week due to rising rates.

Wall Street delivered downbeat performances last week due to rising rates.

Wall Street delivered downbeat performances last week due to rising rates.

The AdvisorShares Ranger Equity Bear ETF is a rare ETF that takes outright short positions on individual stocks, using a bottom-up, fundamental, research-driven security selection process. HDGE is more volatile than simple inverse funds and has high overall fees of 4.29%, making it suitable for short-term, high-beta trading to hedge an equity portfolio. While the market is experiencing a period of irrational exuberance and greed, investors should use HDGE in conjunction with simple inverse ETFs and not as a standalone tool.

Last year was a rough market, bringing equity risk to the forefront of investors' concerns. So, AdvisorShares managing director James Carl told NYSE's Judy Shaw at Exchange 2023 that the firm has been focused on making sure that clients understand the solutions they can use to manage their equity risk.

Last week was the worst for Wall Street this year due to the biggest banking crisis since 2008.

If you were to ask AdvisorShares Founder and CEO Noah Hamman what investors and advisors were looking for a year or two ago, he might have said “yield and income.” But now, that's changed dramatically.

Wall Street was downbeat last week due to rising rate worries. A round of upbeat economic data points indicated a longer-than-expected Fed rate hike plan and that too probably at a higher magnitude.

Wall Street was downbeat last week. The S&P 500 and the Nasdaq recorded the worst week since December.