ProShares Ultra SmallCap600 (NYSEARCA:SAA) Stock Short Interest Report for October

ProShares Ultra SmallCap600 (NYSEARCA:SAA) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 7,574 shares, an increase of 197.1% from the October 15th total of 2,549 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average daily volume of 3,557 shares, the days-to-cover ratio is currently 2.1 days.

Institutional Investors Weigh In On ProShares Ultra SmallCap600

A hedge fund recently bought a new stake in ProShares Ultra SmallCap600 stock. Toth Financial Advisory Corp purchased a new position in shares of ProShares Ultra SmallCap600 (NYSEARCA:SAA) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 914 shares of the company’s stock, valued at approximately $29,000. Toth Financial Advisory Corp owned 0.11% of ProShares Ultra SmallCap600 as of its most recent SEC filing.

ProShares Ultra SmallCap600 Stock Up 0.1%

SAA stock traded up $0.02 during trading on Friday, hitting $33.31. The company had a trading volume of 924 shares, compared to its average volume of 5,099. The firm has a market cap of $26.31 million, a PE ratio of 15.32 and a beta of 2.08. ProShares Ultra SmallCap600 has a 1-year low of $22.57 and a 1-year high of $38.94. The firm has a 50-day moving average price of $32.92 and a 200-day moving average price of $32.76.

ProShares Ultra SmallCap600 Company Profile

ProShares Ultra SmallCap600 (the Fund) seeks daily investment results that correspond to twice (200%) 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, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.