Is AdvisorShares Ranger Equity Bear ETF Halal?

HDGE was created on 2011-01-26 by AdvisorShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 55.06m in AUM and 3 holdings. HDGE is actively-managed fund that attempts to achieve positive returns by shorting US-listed companies believed to have low earnings quality or use aggressive accounting policies.