Short Interest in ProShares Large Cap Core Plus (BATS:CSM) Grows By 528.0%

ProShares Large Cap Core Plus (BATS:CSM) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 942 shares, a growth of 528.0% from the August 15th total of 150 shares. Based on an average trading volume of 4,287 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Soundwatch Capital LLC purchased a new stake in ProShares Large Cap Core Plus during the 4th quarter valued at about $462,000. Waterfront Wealth Inc. boosted its position in ProShares Large Cap Core Plus by 23.1% in the first quarter. Waterfront Wealth Inc. now owns 134,277 shares of the company’s stock valued at $10,047,000 after buying an additional 25,172 shares during the last quarter. Intrua Financial LLC purchased a new position in ProShares Large Cap Core Plus during the 4th quarter worth approximately $639,000. Manchester Financial Inc. lifted its stake in ProShares Large Cap Core Plus by 2.3% during the 1st quarter. Manchester Financial Inc. now owns 31,488 shares of the company’s stock valued at $2,356,000 after acquiring an additional 714 shares during the period. Finally, Nwam LLC purchased a new stake in shares of ProShares Large Cap Core Plus in the 2nd quarter valued at $352,000.

ProShares Large Cap Core Plus Stock Up 0.7%

CSM opened at $87.95 on Friday. The company has a market cap of $556.72 million, a P/E ratio of 20.56 and a beta of 1.02. The firm’s 50-day moving average price is $87.52 and its 200-day moving average price is $83.57. ProShares Large Cap Core Plus has a 52-week low of $72.79 and a 52-week high of $90.27.

ProShares Large Cap Core Plus Company Profile

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.