ProShares Large Cap Core Plus (BATS:CSM) Sees Significant Drop in Short Interest

ProShares Large Cap Core Plus (BATS:CSMGet Free Report) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 80 shares, a decline of 98.8% from the June 30th total of 6,652 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 6,726 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On ProShares Large Cap Core Plus

Hedge funds have recently made changes to their positions in the business. Fifth Third Bancorp purchased a new stake in ProShares Large Cap Core Plus during the 4th quarter valued at $25,000. JPMorgan Chase & Co. purchased a new stake in ProShares Large Cap Core Plus in the second quarter worth approximately $26,000. RDA Financial Network bought a new stake in ProShares Large Cap Core Plus during the second quarter valued at approximately $217,000. Focus Financial Network Inc. purchased a new stake in ProShares Large Cap Core Plus in the 2nd quarter worth approximately $225,000. Finally, Sequent Planning LLC purchased a new stake in shares of ProShares Large Cap Core Plus during the fourth quarter worth about $212,000.

ProShares Large Cap Core Plus Stock Performance

CSM traded up $0.19 during mid-day trading on Friday, reaching $84.91. 7,287 shares of the stock were exchanged, compared to its average volume of 7,540. The company has a 50 day moving average price of $85.44 and a two-hundred day moving average price of $81.46. ProShares Large Cap Core Plus has a 1 year low of $70.59 and a 1 year high of $87.60. The stock has a market capitalization of $537.48 million, a PE ratio of 20.56 and a beta of 1.02.

About ProShares Large Cap Core Plus

(Get Free Report)

The ProShares Large Cap Core Plus (CSM) is an exchange-traded fund that is based on the Credit Suisse 130\u002F30 Large Cap index. The fund tracks a long\u002Fshort index of the 500 largest US stocks. It uses a set of rules to assign weights to each equity that add up to 130% long and 30% short exposure. CSM was launched on Jul 14, 2009 and is managed by ProShares.

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