ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) Short Interest Update

ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 231,782 shares, a decrease of 71.7% from the June 15th total of 818,212 shares. Based on an average daily volume of 2,865,503 shares, the days-to-cover ratio is currently 0.1 days. Approximately 7.0% of the shares of the company are short sold.

ProShares UltraPro Short Russell 2000 Stock Performance

Shares of NYSEARCA SRTY traded up $0.57 during trading on Monday, reaching $23.00. 1,831,788 shares of the company traded hands, compared to its average volume of 2,292,827. The firm’s fifty day simple moving average is $24.49 and its 200 day simple moving average is $31.92. ProShares UltraPro Short Russell 2000 has a 12-month low of $20.90 and a 12-month high of $71.44.

Institutional Trading of ProShares UltraPro Short Russell 2000

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Optiver Holding B.V. acquired a new position in ProShares UltraPro Short Russell 2000 in the first quarter valued at approximately $135,000. Ridgepath Capital Management LLC acquired a new stake in shares of ProShares UltraPro Short Russell 2000 during the 1st quarter worth approximately $5,588,000. XTX Topco Ltd acquired a new stake in shares of ProShares UltraPro Short Russell 2000 during the 4th quarter worth approximately $508,000. Jump Financial LLC purchased a new position in shares of ProShares UltraPro Short Russell 2000 during the 4th quarter valued at approximately $4,824,000. Finally, Qube Research & Technologies Ltd increased its holdings in shares of ProShares UltraPro Short Russell 2000 by 180.7% during the 3rd quarter. Qube Research & Technologies Ltd now owns 24,338 shares of the exchange traded fund’s stock valued at $286,000 after purchasing an additional 15,668 shares in the last quarter.

ProShares UltraPro Short Russell 2000 Company Profile

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).