ProShares Short Dow30 (NYSEARCA:DOG) Short Interest Down 76.9% in May

ProShares Short Dow30 (NYSEARCA:DOG) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 74,172 shares, a drop of 76.9% from the May 14th total of 320,538 shares. Based on an average daily trading volume, of 1,534,016 shares, the days-to-cover ratio is presently 0.0 days. Currently, 1.5% of the company’s shares are sold short.

ProShares Short Dow30 Stock Down 1.8%

Shares of NYSEARCA:DOG traded down $0.41 on Thursday, reaching $22.38. 3,997,175 shares of the company traded hands, compared to its average volume of 4,864,567. The business’s 50-day simple moving average is $22.98 and its 200 day simple moving average is $23.31. ProShares Short Dow30 has a 52 week low of $22.02 and a 52 week high of $26.95.

Institutional Trading of ProShares Short Dow30

Institutional investors have recently modified their holdings of the company. Kestra Advisory Services LLC purchased a new stake in shares of ProShares Short Dow30 during the fourth quarter worth about $27,000. JPMorgan Chase & Co. boosted its holdings in shares of ProShares Short Dow30 by 11,700.0% during the second quarter. JPMorgan Chase & Co. now owns 1,180 shares of the company’s stock worth $30,000 after purchasing an additional 1,170 shares during the period. Headlands Technologies LLC purchased a new stake in shares of ProShares Short Dow30 during the second quarter worth about $33,000. Group One Trading LLC boosted its holdings in shares of ProShares Short Dow30 by 3,260.9% during the first quarter. Group One Trading LLC now owns 1,546 shares of the company’s stock worth $38,000 after purchasing an additional 1,500 shares during the period. Finally, BNP Paribas Financial Markets purchased a new stake in shares of ProShares Short Dow30 during the third quarter worth about $74,000.

ProShares Short Dow30 Company Profile

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no pre-determined criteria except that components should be established United States companies.