Short Interest in ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) Increases By 53.3%

ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 289,165 shares, a growth of 53.3% from the July 30th total of 188,589 shares. Based on an average daily volume of 1,468,579 shares, the short-interest ratio is currently 0.2 days. Approximately 8.5% of the shares of the stock are sold short.

Institutional Trading of ProShares UltraPro Short Russell 2000

Several hedge funds and other institutional investors have recently bought and sold shares of SRTY. Ridgepath Capital Management LLC bought a new stake in ProShares UltraPro Short Russell 2000 during the 1st quarter valued at $5,588,000. Jump Financial LLC bought a new position in ProShares UltraPro Short Russell 2000 in the fourth quarter worth $4,824,000. UBS Group AG lifted its position in ProShares UltraPro Short Russell 2000 by 6,059.5% during the 3rd quarter. UBS Group AG now owns 100,955 shares of the exchange traded fund’s stock valued at $1,187,000 after acquiring an additional 99,316 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of ProShares UltraPro Short Russell 2000 in the 2nd quarter worth approximately $347,000. Finally, Qube Research & Technologies Ltd boosted its holdings in ProShares UltraPro Short Russell 2000 by 180.7% in the third quarter. Qube Research & Technologies Ltd now owns 24,338 shares of the exchange traded fund’s stock worth $286,000 after acquiring an additional 15,668 shares in the last quarter.

ProShares UltraPro Short Russell 2000 Stock Performance

NYSEARCA:SRTY opened at $22.90 on Thursday. ProShares UltraPro Short Russell 2000 has a 1-year low of $20.48 and a 1-year high of $54.57. The business has a 50 day moving average of $22.19 and a 200 day moving average of $28.14.

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).