ProShares Ultra Dow30 (NYSEARCA:DDM) Sees Large Growth in Short Interest

Posted by Lauren Steadman on Jul 29th, 2026

ProShares Ultra Dow30 (NYSEARCA:DDM – Get Free Report) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 96,267 shares, an increase of 151.6% from the June 30th total of 38,261 shares. Currently, 1.2% of the company’s shares are short sold. Based on an average trading volume of 186,936 shares, the days-to-cover ratio is currently 0.5 days.

ProShares Ultra Dow30 Trading Down 4.3%

Shares of NYSEARCA:DDM traded down $2.86 during mid-day trading on Wednesday, reaching $63.52. The stock had a trading volume of 308,665 shares, compared to its average volume of 299,105. The firm has a 50 day simple moving average of $64.07 and a two-hundred day simple moving average of $59.76. ProShares Ultra Dow30 has a twelve month low of $47.15 and a twelve month high of $68.00. The firm has a market cap of $524.04 million, a PE ratio of 20.98 and a beta of 1.73.

Institutional Investors Weigh In On ProShares Ultra Dow30

Hedge funds have recently bought and sold shares of the company. PNC Financial Services Group Inc. grew its holdings in shares of ProShares Ultra Dow30 by 100.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 500 shares of the company’s stock valued at $28,000 after buying an additional 250 shares during the period. Qube Research & Technologies Ltd acquired a new stake in ProShares Ultra Dow30 during the 3rd quarter worth $44,000. WealthShield Partners LLC raised its stake in ProShares Ultra Dow30 by 100.0% during the 4th quarter. WealthShield Partners LLC now owns 1,404 shares of the company’s stock worth $80,000 after buying an additional 702 shares during the period. Bogart Wealth LLC bought a new position in ProShares Ultra Dow30 during the first quarter worth about $37,000. Finally, Koshinski Asset Management Inc. lifted its holdings in ProShares Ultra Dow30 by 3.2% during the first quarter. Koshinski Asset Management Inc. now owns 27,599 shares of the company’s stock worth $1,437,000 after acquiring an additional 856 shares in the last quarter.

ProShares Ultra Dow30 Company Profile

(Get Free Report)

The ProShares Ultra Dow30 (DDM) is an exchange-traded fund that is based on the Dow Jones Industrial Average index. The fund provides 2x leveraged exposure to the price-weighted Dow Jones Industrial Average, which includes 30 of the largest and most stable US companies. DDM was launched on Jun 19, 2006 and is managed by ProShares.