ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Short Interest Update

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 3,851 shares, a growth of 1,386.9% from the May 31st total of 259 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 8,028 shares, the days-to-cover ratio is currently 0.5 days.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. Sound Income Strategies LLC acquired a new stake in ProShares S&P Technology Dividend Aristocrats ETF in the fourth quarter valued at approximately $62,000. Farther Finance Advisors LLC purchased a new stake in shares of ProShares S&P Technology Dividend Aristocrats ETF during the fourth quarter valued at approximately $131,000. Rossby Financial LCC acquired a new position in shares of ProShares S&P Technology Dividend Aristocrats ETF during the fourth quarter worth $427,000. Janney Montgomery Scott LLC lifted its position in shares of ProShares S&P Technology Dividend Aristocrats ETF by 8.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 10,322 shares of the company’s stock worth $894,000 after purchasing an additional 815 shares in the last quarter. Finally, Ascentis Independent Advisors boosted its stake in shares of ProShares S&P Technology Dividend Aristocrats ETF by 332.6% in the first quarter. Ascentis Independent Advisors now owns 20,333 shares of the company’s stock valued at $1,722,000 after purchasing an additional 15,633 shares during the period.

ProShares S&P Technology Dividend Aristocrats ETF Stock Performance

ProShares S&P Technology Dividend Aristocrats ETF stock traded up $1.38 during midday trading on Thursday, reaching $102.07. The stock had a trading volume of 2,579 shares, compared to its average volume of 7,471. The stock’s 50-day simple moving average is $99.43 and its 200 day simple moving average is $92.20. ProShares S&P Technology Dividend Aristocrats ETF has a twelve month low of $81.52 and a twelve month high of $106.70. The stock has a market capitalization of $313.35 million, a PE ratio of 28.94 and a beta of 1.08.

About ProShares S&P Technology Dividend Aristocrats ETF

The ProShares S&P Technology Dividend Aristocrats ETF (TDV) is an exchange-traded fund that is based on the S&P Technology Dividend Aristocrats index. The fund tracks an equal-weighted index of U.S. technology companies that have dividend growth of at least 7 years. TDV was launched on Nov 5, 2019 and is managed by ProShares.