ProShares Merger ETF (BATS:MRGR) Stock Short Interest Declines 36.2%

Posted by Casey Walker on Oct 3rd, 2026

ProShares Merger ETF (BATS:MRGR – Get Free Report) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 1,251 shares, a drop of 36.2% from the August 31st total of 1,961 shares. Based on an average daily trading volume, of 1,537 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.5% of the shares of the company are short sold.

Institutional Investors Weigh In On ProShares Merger ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its stake in ProShares Merger ETF by 83.6% during the 1st quarter. Royal Bank of Canada now owns 38,550 shares of the company’s stock valued at $1,738,000 after buying an additional 17,558 shares during the last quarter. Syntegra Private Wealth Group LLC boosted its stake in shares of ProShares Merger ETF by 52.9% in the 1st quarter. Syntegra Private Wealth Group LLC now owns 32,385 shares of the company’s stock worth $1,460,000 after buying an additional 11,206 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in shares of ProShares Merger ETF by 11.6% in the first quarter. Kestra Advisory Services LLC now owns 5,319 shares of the company’s stock worth $240,000 after acquiring an additional 553 shares during the period. Finally, City Center Advisors LLC grew its holdings in shares of ProShares Merger ETF by 24.0% in the second quarter. City Center Advisors LLC now owns 7,541 shares of the company’s stock worth $343,000 after acquiring an additional 1,460 shares during the period.

ProShares Merger ETF Stock Performance

MRGR opened at $45.13 on Friday. The stock has a market capitalization of $11.28 million, a P/E ratio of 24.24 and a beta of 0.04. The company’s 50-day simple moving average is $45.34 and its two-hundred day simple moving average is $45.26. ProShares Merger ETF has a 52-week low of $43.06 and a 52-week high of $46.22.

About ProShares Merger ETF

(Get Free Report)

The ProShares Merger ETF (MRGR) is an exchange-traded fund that is based on the S&P Merger Arbitrage index. The fund tracks an index of developed-market equities involved in merger deals, with long exposure to target firms and short exposure to acquiring firms. The fund is net long and hedges FX risk. MRGR was launched on Dec 11, 2012 and is managed by ProShares.