ProShares UltraPro Short MidCap 400 (NYSEARCA:SMDD) Sees Large Drop in Short Interest

Posted by Casey Walker on Apr 15th, 2026

ProShares UltraPro Short MidCap 400 (NYSEARCA:SMDD – Get Free Report) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 2,913 shares, a decrease of 60.4% from the March 15th total of 7,352 shares. Based on an average trading volume of 21,929 shares, the short-interest ratio is presently 0.1 days. Approximately 1.5% of the shares of the stock are sold short.

ProShares UltraPro Short MidCap 400 Price Performance

Shares of NYSEARCA:SMDD traded down $0.13 on Tuesday, reaching $9.52. 8,121 shares of the company traded hands, compared to its average volume of 19,483. ProShares UltraPro Short MidCap 400 has a fifty-two week low of $9.37 and a fifty-two week high of $25.42. The company’s 50 day moving average is $10.60 and its 200-day moving average is $11.79.

ProShares UltraPro Short MidCap 400 Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 2.1%. The ex-dividend date was Wednesday, March 25th.

Institutional Trading of ProShares UltraPro Short MidCap 400

An institutional investor recently bought a new position in ProShares UltraPro Short MidCap 400 stock. Jane Street Group LLC acquired a new position in shares of ProShares UltraPro Short MidCap 400 (NYSEARCA:SMDD – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 12,433 shares of the company’s stock, valued at approximately $193,000. Jane Street Group LLC owned 6.54% of ProShares UltraPro Short MidCap 400 at the end of the most recent quarter.

About ProShares UltraPro Short MidCap 400

(Get Free Report)

ProShares UltraPro Short MidCap400 ETF is an exchange traded fund, which seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the S&P MidCap 400 Index. The ETF seeks a return of -300% of the return of an index (target) for a single day. The S&P MidCap 400 Index is a used measure of mid-size company United States stock market performance. Companies are selected for inclusion in the Index by Standard & Poor’s based on adequate liquidity, appropriate market capitalization, financial viability and public float.