ProShares UltraShort Semiconductors (NYSEARCA:SSG) Short Interest Update

ProShares UltraShort Semiconductors (NYSEARCA:SSG) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 15,450 shares, an increase of 316.1% from the December 31st total of 3,713 shares. Currently, 2.6% of the shares of the company are short sold. Based on an average daily trading volume, of 85,233 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 85,233 shares, the short-interest ratio is currently 0.2 days. Currently, 2.6% of the shares of the company are short sold.

Hedge Funds Weigh In On ProShares UltraShort Semiconductors

A hedge fund recently raised its stake in ProShares UltraShort Semiconductors stock. Susquehanna International Group LLP lifted its stake in shares of ProShares UltraShort Semiconductors (NYSEARCA:SSG) by 94.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 21,064 shares of the company’s stock after acquiring an additional 10,257 shares during the quarter. Susquehanna International Group LLP owned approximately 1.24% of ProShares UltraShort Semiconductors worth $195,000 at the end of the most recent reporting period.

ProShares UltraShort Semiconductors Stock Up 3.4%

ProShares UltraShort Semiconductors stock traded up $0.89 during mid-day trading on Friday, reaching $26.93. 67,129 shares of the stock traded hands, compared to its average volume of 98,184. The business’s 50-day moving average is $30.35 and its 200-day moving average is $36.07. ProShares UltraShort Semiconductors has a 12-month low of $25.67 and a 12-month high of $198.28.

ProShares UltraShort Semiconductors Company Profile

Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game. 2nd Swing operates more than 65 stores in 24 states nationwide under the names 2nd Swing and 2GOLF.