ProShares Short SmallCap600 (NYSEARCA:SBB – Get Free Report) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 46 shares, a decrease of 56.6% from the April 30th total of 106 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,621 shares, the days-to-cover ratio is currently 0.0 days.
ProShares Short SmallCap600 Price Performance
ProShares Short SmallCap600 stock traded up $0.12 during trading on Friday, reaching $23.75. The company had a trading volume of 519 shares, compared to its average volume of 5,400. The firm’s 50-day simple moving average is $24.92 and its 200 day simple moving average is $25.93. ProShares Short SmallCap600 has a 1-year low of $23.48 and a 1-year high of $31.82.
Institutional Trading of ProShares Short SmallCap600
An institutional investor recently bought a new position in ProShares Short SmallCap600 stock. Susquehanna International Group LLP purchased a new position in shares of ProShares Short SmallCap600 (NYSEARCA:SBB – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 24,446 shares of the exchange traded fund’s stock, valued at approximately $339,000. Susquehanna International Group LLP owned about 7.64% of ProShares Short SmallCap600 as of its most recent SEC filing.
ProShares Short SmallCap600 Company Profile
ProShares Short SmallCap600 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P SmallCap 600 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.
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