ProShares Hedge Replication ETF (NYSEARCA:HDG – Get Free Report) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,300 shares, a drop of 35.0% from the September 30th total of 2,000 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 800 shares, the days-to-cover ratio is currently 1.6 days.
ProShares Hedge Replication ETF Price Performance
Shares of NYSEARCA HDG opened at $51.46 on Tuesday. The company has a market cap of $24.19 million, a PE ratio of 17.30 and a beta of 0.33. ProShares Hedge Replication ETF has a 1-year low of $46.28 and a 1-year high of $52.02. The stock has a fifty day moving average price of $51.21 and a 200 day moving average price of $50.11.
Hedge Funds Weigh In On ProShares Hedge Replication ETF
Hedge funds have recently bought and sold shares of the company. Frederick Financial Consultants LLC grew its stake in ProShares Hedge Replication ETF by 4.8% in the 1st quarter. Frederick Financial Consultants LLC now owns 70,126 shares of the company’s stock valued at $3,419,000 after acquiring an additional 3,225 shares during the last quarter. National Bank of Canada FI lifted its holdings in shares of ProShares Hedge Replication ETF by 5.1% in the first quarter. National Bank of Canada FI now owns 6,583 shares of the company’s stock valued at $320,000 after purchasing an additional 319 shares in the last quarter. Comprehensive Wealth Management LLC grew its position in shares of ProShares Hedge Replication ETF by 2.5% in the first quarter. Comprehensive Wealth Management LLC now owns 34,039 shares of the company’s stock valued at $1,660,000 after purchasing an additional 844 shares during the last quarter. First PREMIER Bank increased its stake in shares of ProShares Hedge Replication ETF by 14,562.5% during the 3rd quarter. First PREMIER Bank now owns 1,173 shares of the company’s stock worth $60,000 after purchasing an additional 1,165 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of ProShares Hedge Replication ETF by 9.4% during the 2nd quarter. Raymond James Financial Inc. now owns 42,403 shares of the company’s stock worth $2,100,000 after purchasing an additional 3,626 shares during the last quarter.
About ProShares Hedge Replication ETF
The ProShares Hedge Replication ETF (HDG) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund tracks an index that uses long and short exposure to equity, Treasury and currency indexes, and individual securities to mimic the returns of a broad hedge fund index. HDG was launched on Jul 12, 2011 and is managed by ProShares.
Further Reading
- Five stocks we like better than ProShares Hedge Replication ETF
- Are Penny Stocks a Good Fit for Your Portfolio?
- Why Roblox Stock Could Soar 75% After the Q3 Dip
- What is the S&P 500 and How It is Distinct from Other Indexes
- Amazon vs. Apple: Which Mag 7 Is the Better Buy?
- What is the MACD Indicator and How to Use it in Your Trading
- Is Starbucks Quietly Setting Up for a Major 2026 Comeback?
Receive News & Ratings for ProShares Hedge Replication ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Hedge Replication ETF and related companies with MarketBeat.com's FREE daily email newsletter.
