Short Interest in ProShares UltraPro Short S&P 500 (NYSEARCA:SPXU) Drops By 26.6%

ProShares UltraPro Short S&P 500 (NYSEARCA:SPXUGet Free Report) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 910,715 shares, a decline of 26.6% from the January 15th total of 1,241,483 shares. Currently, 10.1% of the company’s shares are short sold. Based on an average trading volume of 6,429,284 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 6,429,284 shares, the short-interest ratio is currently 0.1 days. Currently, 10.1% of the company’s shares are short sold.

Institutional Trading of ProShares UltraPro Short S&P 500

Institutional investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC increased its holdings in shares of ProShares UltraPro Short S&P 500 by 18.7% during the second quarter. EverSource Wealth Advisors LLC now owns 6,200 shares of the exchange traded fund’s stock worth $104,000 after purchasing an additional 975 shares during the period. Clough Capital Partners L P acquired a new stake in ProShares UltraPro Short S&P 500 during the second quarter worth approximately $2,011,000. Tidal Investments LLC acquired a new stake in ProShares UltraPro Short S&P 500 during the second quarter worth approximately $752,000. Tower Research Capital LLC TRC increased its stake in ProShares UltraPro Short S&P 500 by 26.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 53,831 shares of the exchange traded fund’s stock worth $904,000 after acquiring an additional 11,397 shares during the period. Finally, Gainplan LLC acquired a new position in ProShares UltraPro Short S&P 500 in the 3rd quarter valued at $4,053,000.

ProShares UltraPro Short S&P 500 Price Performance

NYSEARCA:SPXU opened at $50.14 on Friday. The firm has a fifty day simple moving average of $48.93 and a 200 day simple moving average of $53.56. ProShares UltraPro Short S&P 500 has a 1-year low of $46.65 and a 1-year high of $153.00.

ProShares UltraPro Short S&P 500 Company Profile

(Get Free Report)

The Fund seeks daily investment results that correspond to triple the inverse of the daily performance of the Index. The Fund invests in derivatives that it believes should have similar daily return characteristics as triple the inverse of the daily performance of the Index.

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