Ranger Equity Bear ETF Shorting Harley Davidson

|By:, SA News Editor

The Adivsor Shares ETF, HDGE, which seeks capital appreciation through short sales of U.S. equities, is placing a bet on the decline of Harley Davidson (HOG).

The actively managed fund is citing the build up of inventories in dealerships, tapering of motorcycle registrations, and premium price of Harley motorcycles as solid signals for an approaching price decline.

Current top short positions in HDGE's actively managed portfolio include Caterpillar CAT, Consolidated Communications CNSL, and Tempur Sealy International TPX.

Other alternative strategy ETFs: HDGI, SH, RWM, DOG