ProShares UltraShort Consumer Staples (NYSEARCA:SZK) Short Interest Down 66.3% in July

ProShares UltraShort Consumer Staples (NYSEARCA:SZK) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 211 shares, a decline of 66.3% from the July 15th total of 626 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 4,941 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares UltraShort Consumer Staples stock. Susquehanna International Group LLP acquired a new position in shares of ProShares UltraShort Consumer Staples (NYSEARCA:SZK) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 12,613 shares of the company’s stock, valued at approximately $160,000. Susquehanna International Group LLP owned about 21.02% of ProShares UltraShort Consumer Staples at the end of the most recent reporting period.

ProShares UltraShort Consumer Staples Stock Down 0.1%

ProShares UltraShort Consumer Staples stock traded down $0.02 during mid-day trading on Friday, reaching $20.58. 660 shares of the company were exchanged, compared to its average volume of 4,416. The business has a fifty day moving average of $21.33 and a 200 day moving average of $21.61. ProShares UltraShort Consumer Staples has a 12-month low of $18.40 and a 12-month high of $27.72.

ProShares UltraShort Consumer Staples Company Profile

ProShares UltraShort Consumer Goods (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Consumer Goods 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.