ProShares UltraPro Short MidCap 400 (NYSEARCA:SMDD) Short Interest Update

ProShares UltraPro Short MidCap 400 (NYSEARCA:SMDDGet Free Report) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 5,372 shares, an increase of 147.7% from the December 15th total of 2,169 shares. Based on an average daily trading volume, of 7,083 shares, the days-to-cover ratio is presently 0.8 days. Approximately 2.8% of the shares of the stock are short sold. Approximately 2.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,083 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares UltraPro Short MidCap 400 stock. Jane Street Group LLC bought a new stake in ProShares UltraPro Short MidCap 400 (NYSEARCA:SMDDFree Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 12,433 shares of the company’s stock, valued at approximately $193,000. Jane Street Group LLC owned approximately 6.54% of ProShares UltraPro Short MidCap 400 as of its most recent SEC filing.

ProShares UltraPro Short MidCap 400 Price Performance

ProShares UltraPro Short MidCap 400 stock opened at $10.72 on Wednesday. The stock’s fifty day moving average is $12.54 and its two-hundred day moving average is $13.38. ProShares UltraPro Short MidCap 400 has a fifty-two week low of $10.61 and a fifty-two week high of $32.00.

ProShares UltraPro Short MidCap 400 Company Profile

(Get Free Report)

ProShares UltraPro Short MidCap400 ETF is an exchange traded fund, which seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the S&P MidCap 400 Index. The ETF seeks a return of -300% of the return of an index (target) for a single day. The S&P MidCap 400 Index is a used measure of mid-size company United States stock market performance. Companies are selected for inclusion in the Index by Standard & Poor’s based on adequate liquidity, appropriate market capitalization, financial viability and public float.

Further Reading

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