Short Interest in ProShares UltraShort Russell 2000 (NYSEARCA:TWM) Declines By 17.8%

ProShares UltraShort Russell 2000 (NYSEARCA:TWM) was the recipient of a large drop in short interest in February. As of February 13th, there was short interest totaling 78,215 shares, a drop of 17.8% from the January 29th total of 95,173 shares. Based on an average daily volume of 544,277 shares, the short-interest ratio is currently 0.1 days. Approximately 5.8% of the shares of the stock are short sold. Approximately 5.8% of the shares of the stock are short sold. Based on an average daily volume of 544,277 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On ProShares UltraShort Russell 2000

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TWM. Hillsdale Investment Management Inc. lifted its stake in ProShares UltraShort Russell 2000 by 0.6% in the fourth quarter. Hillsdale Investment Management Inc. now owns 67,042 shares of the company’s stock valued at $2,145,000 after buying an additional 430 shares during the period. Tower Research Capital LLC TRC increased its stake in shares of ProShares UltraShort Russell 2000 by 549,942.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 38,503 shares of the company’s stock valued at $1,232,000 after acquiring an additional 38,496 shares during the last quarter. IMC Chicago LLC acquired a new stake in shares of ProShares UltraShort Russell 2000 in the 4th quarter valued at approximately $1,201,000. Jane Street Group LLC acquired a new stake in shares of ProShares UltraShort Russell 2000 in the 4th quarter valued at approximately $664,000. Finally, Flow Traders U.S. LLC boosted its stake in ProShares UltraShort Russell 2000 by 22.4% during the 2nd quarter. Flow Traders U.S. LLC now owns 7,429 shares of the company’s stock worth $321,000 after acquiring an additional 1,362 shares during the last quarter.

ProShares UltraShort Russell 2000 Price Performance

ProShares UltraShort Russell 2000 stock traded up $0.96 on Tuesday, reaching $28.84. The company’s stock had a trading volume of 1,851,311 shares, compared to its average volume of 672,122. The business’s fifty day moving average price is $28.63 and its 200 day moving average price is $32.00. ProShares UltraShort Russell 2000 has a twelve month low of $26.33 and a twelve month high of $71.27.

About ProShares UltraShort Russell 2000

ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.