ProShares UltraShort Semiconductors (NYSEARCA:SSG – Get Free Report) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 21,152 shares, a decline of 56.9% from the July 15th total of 49,055 shares. Based on an average daily volume of 911,233 shares, the short-interest ratio is presently 0.0 days. Approximately 0.7% of the shares of the stock are sold short.
Institutional Investors Weigh In On ProShares UltraShort Semiconductors
An institutional investor recently raised its stake in ProShares UltraShort Semiconductors stock. Susquehanna International Group LLP boosted its position in ProShares UltraShort Semiconductors (NYSEARCA:SSG – Free Report) by 94.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,064 shares of the company’s stock after acquiring an additional 10,257 shares during the quarter. Susquehanna International Group LLP owned 1.24% of ProShares UltraShort Semiconductors worth $195,000 as of its most recent filing with the Securities and Exchange Commission.
ProShares UltraShort Semiconductors Price Performance
NYSEARCA:SSG traded down $0.37 during trading hours on Monday, reaching $11.00. 230,879 shares of the company traded hands, compared to its average volume of 523,882. The firm’s 50-day moving average is $12.69 and its 200-day moving average is $19.36. ProShares UltraShort Semiconductors has a 1-year low of $10.91 and a 1-year high of $47.75.
ProShares UltraShort Semiconductors Company Profile
Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game. 2nd Swing operates more than 65 stores in 24 states nationwide under the names 2nd Swing and 2GOLF.
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