AdvisorShares Corrects NAV Values for Ranger and Dorsey Wright ETFs Following Trade Mistake

AdvisorShares Announces NAV Restatement for Ranger Equity Bear and Dorsey Wright Short ETFs

In an important update for investors, AdvisorShares has announced a restatement of the net asset value (NAV) per share for its Ranger Equity Bear ETF (HDGE) and Dorsey Wright Short ETF (DWSH). This decision arose from a trade error that occurred on July 2, 2026, whereby the NAV values were incorrectly recorded. The correction measures put in place demonstrate the company's commitment to transparency and accurate reporting.

The effective date for this restatement was the market closing on July 2, 2026. The reported NAV for the Ranger Equity Bear ETF was initially stated at $15.57 but has now been corrected to $15.97. Similarly, the Dorsey Wright Short ETF's NAV has been adjusted from $5.58 to $6.01.

Upon discovering the discrepancies, AdvisorShares swiftly took action by instructing the Fund Administrator to conduct a thorough investigation into the issue. The administrator actively worked to quantify the error and implement corrective measures to prevent future occurrences. Enhanced controls and review processes for trade operations are now in place, and the Fund's independent auditors have been alerted to ensure ongoing oversight.

AdvisorShares is dedicated to safeguarding the interests of its shareholders and has made it a priority to monitor the remediation efforts of the Fund Administrator. In line with its commitment to accountability, the company plans to provide updates as these efforts progress.

For any shareholders who have questions about the restatement process or its implications, AdvisorShares encourages direct communication. They can reach the Investor Relations team at 1-877-843-3831 or visit the company’s official website at www.advisorshares.com for detailed information.

About AdvisorShares

AdvisorShares is recognized as a prominent provider of actively managed exchange-traded funds (ETFs), focusing on innovative investment solutions. The company emphasizes transparency and investor protection, reflecting its dedication to delivering valuable investment options.

It is vital for potential investors to approach any investment opportunity with caution. For the Ranger Equity Bear ETF and Dorsey Wright Short ETF, analyzing investment objectives, risks, fees, and expenses is crucial before making any investment. Comprehensive disclosure and the prospectus, which is available online, should be read carefully to understand the investment landscape properly.

Finally, investors should be aware that both ETFs are managed actively and aim for capital appreciation via short exposure to equity securities. Engaging in short sales entails several risks, including potential losses if securities prices rise. This emphasizes the significance of diligent monitoring and well-informed decision-making in the ever-evolving market.

In conclusion, AdvisorShares remains committed to maintaining high standards of transparency and accountability for its fund activities, ensuring that investors stay informed and engaged with their investments.