Short Interest in ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) Decreases By 38.3%

ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 267,871 shares, a decrease of 38.3% from the April 15th total of 434,223 shares. Currently, 9.3% of the shares of the company are short sold. Based on an average daily trading volume, of 2,244,031 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On ProShares UltraPro Short Russell 2000

A number of large investors have recently made changes to their positions in the company. Ridgepath Capital Management LLC bought a new position in shares of ProShares UltraPro Short Russell 2000 during the first quarter worth approximately $5,588,000. XTX Topco Ltd bought a new position in shares of ProShares UltraPro Short Russell 2000 during the fourth quarter worth approximately $508,000. Jump Financial LLC bought a new position in shares of ProShares UltraPro Short Russell 2000 during the fourth quarter worth approximately $4,824,000. Qube Research & Technologies Ltd increased its stake in shares of ProShares UltraPro Short Russell 2000 by 180.7% during the third quarter. Qube Research & Technologies Ltd now owns 24,338 shares of the exchange traded fund’s stock worth $286,000 after purchasing an additional 15,668 shares during the period. Finally, UBS Group AG increased its stake in shares of ProShares UltraPro Short Russell 2000 by 6,059.5% during the third quarter. UBS Group AG now owns 100,955 shares of the exchange traded fund’s stock worth $1,187,000 after purchasing an additional 99,316 shares during the period.

ProShares UltraPro Short Russell 2000 Price Performance

Shares of NYSEARCA SRTY traded up $0.50 during trading hours on Monday, reaching $28.55. 3,135,812 shares of the stock were exchanged, compared to its average volume of 1,960,895. ProShares UltraPro Short Russell 2000 has a 52 week low of $25.30 and a 52 week high of $88.00. The stock’s fifty day simple moving average is $34.02 and its 200 day simple moving average is $37.59.

About ProShares UltraPro Short Russell 2000

ProShares UltraPro Short Russell2000 (the Fund) seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund seeks a return -300% of the return of an index for a single day. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index. The investment advisor of the Fund is ProShare Advisors LLC (ProShare Advisors).