Short Interest in ProShares Hedge Replication ETF (NYSEARCA:HDG) Decreases By 55.6%

ProShares Hedge Replication ETF (NYSEARCA:HDG) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 200 shares, a decrease of 55.6% from the December 31st total of 450 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,468 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 2,468 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

ProShares Hedge Replication ETF Trading Up 0.1%

NYSEARCA HDG traded up $0.05 on Thursday, hitting $52.54. 18 shares of the company’s stock traded hands, compared to its average volume of 2,090. The firm’s 50-day moving average price is $51.93 and its two-hundred day moving average price is $51.24. The firm has a market capitalization of $24.69 million, a PE ratio of 17.30 and a beta of 0.33. ProShares Hedge Replication ETF has a 1-year low of $46.28 and a 1-year high of $52.70.

Hedge Funds Weigh In On ProShares Hedge Replication ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. First PREMIER Bank grew its holdings in ProShares Hedge Replication ETF by 14,562.5% during the third quarter. First PREMIER Bank now owns 1,173 shares of the company’s stock worth $60,000 after acquiring an additional 1,165 shares during the period. National Bank of Canada FI lifted its holdings in ProShares Hedge Replication ETF by 8.0% in the third quarter. National Bank of Canada FI now owns 7,046 shares of the company’s stock valued at $359,000 after acquiring an additional 519 shares during the period. Susquehanna International Group LLP boosted its position in ProShares Hedge Replication ETF by 38.3% in the 3rd quarter. Susquehanna International Group LLP now owns 10,504 shares of the company’s stock worth $537,000 after purchasing an additional 2,908 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of ProShares Hedge Replication ETF by 9.4% during the 2nd quarter. Raymond James Financial Inc. now owns 42,403 shares of the company’s stock worth $2,100,000 after purchasing an additional 3,626 shares during the period. Finally, Frederick Financial Consultants LLC increased its holdings in shares of ProShares Hedge Replication ETF by 2.4% during the 2nd quarter. Frederick Financial Consultants LLC now owns 71,810 shares of the company’s stock valued at $3,557,000 after purchasing an additional 1,684 shares in the last quarter.

About ProShares Hedge Replication ETF

The ProShares Hedge Replication ETF (HDG) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund tracks an index that uses long and short exposure to equity, Treasury and currency indexes, and individual securities to mimic the returns of a broad hedge fund index. HDG was launched on Jul 12, 2011 and is managed by ProShares.