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

Posted by Joseph Casey on Nov 11th, 2026

ProShares Ultra Dow30 (NYSEARCA:DDM – Get Free Report) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 88,191 shares, an increase of 1,187.5% from the October 15th total of 6,850 shares. Based on an average daily volume of 175,158 shares, the days-to-cover ratio is currently 0.5 days. Approximately 1.1% of the shares of the company are short sold.

Institutional Trading of ProShares Ultra Dow30

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Genesee Capital Advisors LLC acquired a new position in shares of ProShares Ultra Dow30 in the 3rd quarter worth approximately $1,175,000. CPR Investments Inc. bought a new stake in shares of ProShares Ultra Dow30 in the 3rd quarter worth approximately $528,000. Schwallier Wealth Management LLC bought a new stake in shares of ProShares Ultra Dow30 in the 1st quarter worth approximately $407,000. Independent Financial Group LLC acquired a new stake in ProShares Ultra Dow30 during the first quarter valued at approximately $297,000. Finally, HighTower Advisors LLC acquired a new stake in ProShares Ultra Dow30 during the third quarter valued at approximately $309,000.

ProShares Ultra Dow30 Trading Down 0.7%

DDM stock traded down $0.42 during trading on Tuesday, hitting $63.84. The company had a trading volume of 819,640 shares, compared to its average volume of 275,789. The firm has a market capitalization of $513.91 million, a price-to-earnings ratio of 20.98 and a beta of 1.73. The business has a 50 day moving average of $63.90 and a 200 day moving average of $61.75. ProShares Ultra Dow30 has a fifty-two week low of $49.26 and a fifty-two week high of $71.25.

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.