ProShares UltraShort SmallCap 600 (NYSEARCA:SDD) Shares Shorted: Short Interest Down 87.2% in September

ProShares UltraShort SmallCap 600 (NYSEARCA:SDD) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 1,514 shares, a decline of 87.2% from the September 15th total of 11,788 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 1,791 shares, the short-interest ratio is currently 0.8 days.

ProShares UltraShort SmallCap 600 Stock Performance

NYSEARCA:SDD traded down $0.02 during trading hours on Monday, reaching $9.31. The company’s stock had a trading volume of 21 shares, compared to its average volume of 3,136. The stock has a 50 day moving average price of $8.64 and a two-hundred day moving average price of $9.12. ProShares UltraShort SmallCap 600 has a 12 month low of $7.79 and a 12 month high of $14.68.

ProShares UltraShort SmallCap 600 Company Profile

ProShares UltraShort SmallCap600 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the S&P SmallCap 600 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.