ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Short Interest Update

ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV – Get Free Report) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 11,745 shares, a growth of 444.5% from the August 31st total of 2,157 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 123,916 shares, the days-to-cover ratio is presently 0.1 days.

ProShares Russell 2000 Dividend Growers ETF Trading Up 0.5%

Shares of ProShares Russell 2000 Dividend Growers ETF stock opened at $73.39 on Friday. ProShares Russell 2000 Dividend Growers ETF has a 12-month low of $63.86 and a 12-month high of $79.56. The company has a market cap of $736.84 million, a price-to-earnings ratio of 16.56 and a beta of 0.84. The company’s 50-day moving average price is $76.66 and its 200-day moving average price is $73.99.

Institutional Investors Weigh In On ProShares Russell 2000 Dividend Growers ETF

Several large investors have recently added to or reduced their stakes in SMDV. Fisher Asset Management LLC bought a new position in ProShares Russell 2000 Dividend Growers ETF in the 4th quarter worth about $582,000. Compass Financial Management LLC bought a new stake in ProShares Russell 2000 Dividend Growers ETF during the second quarter valued at approximately $1,351,000. Fifth Third Bancorp purchased a new position in ProShares Russell 2000 Dividend Growers ETF in the 1st quarter worth approximately $682,000. Avant Capital LLC purchased a new position in ProShares Russell 2000 Dividend Growers ETF in the 2nd quarter worth approximately $3,165,000. Finally, Gilpin Wealth Management LLC bought a new position in shares of ProShares Russell 2000 Dividend Growers ETF in the 4th quarter worth $339,000.

About ProShares Russell 2000 Dividend Growers ETF

(Get Free Report)

The ProShares Russell 2000 Dividend Growers ETF (SMDV) is an exchange-traded fund that is based on the Russell 2000 Dividend Growth index. The fund tracks an index of US small-cap stocks with a 10-year record of increasing dividends. Stocks are equally weighted. SMDV was launched on Feb 5, 2015 and is managed by ProShares.

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