ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Sees Large Decrease in Short Interest

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGLGet Free Report) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 12,116 shares, a decline of 74.7% from the April 15th total of 47,891 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 53,886 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On ProShares S&P MidCap 400 Dividend Aristocrats ETF

Several hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC lifted its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 21.9% during the second quarter. NewEdge Advisors LLC now owns 46,099 shares of the company’s stock worth $3,759,000 after purchasing an additional 8,277 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 29.5% in the second quarter. Ameriprise Financial Inc. now owns 199,294 shares of the company’s stock worth $16,251,000 after purchasing an additional 45,417 shares during the last quarter. Captrust Financial Advisors purchased a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the 2nd quarter worth about $209,000. Cullen Frost Bankers Inc. lifted its holdings in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 54.1% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 2,817 shares of the company’s stock valued at $240,000 after buying an additional 989 shares in the last quarter. Finally, Hollencrest Capital Management lifted its holdings in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 1.0% during the 3rd quarter. Hollencrest Capital Management now owns 17,484 shares of the company’s stock valued at $1,492,000 after buying an additional 170 shares in the last quarter.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Price Performance

Shares of BATS:REGL opened at $88.86 on Wednesday. ProShares S&P MidCap 400 Dividend Aristocrats ETF has a 1 year low of $79.56 and a 1 year high of $93.74. The business has a 50 day simple moving average of $88.54 and a two-hundred day simple moving average of $87.24. The firm has a market capitalization of $1.94 billion, a PE ratio of 16.11 and a beta of 0.80.

About ProShares S&P MidCap 400 Dividend Aristocrats ETF

(Get Free Report)

The ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) is an exchange-traded fund that is based on the S&P MidCap 400 Dividend Aristocrats index. The fund tracks an equal-weighted index of mid-cap companies that have increased their dividends for at least 15-consecutive years. REGL was launched on Feb 5, 2015 and is managed by ProShares.

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