Short Interest in ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) Decreases By 41.5%

ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 152 shares, a decline of 41.5% from the December 31st total of 260 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 249 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 249 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.1% of the company’s shares are sold short.

ProShares MSCI Transformational Changes ETF Stock Down 1.6%

ANEW traded down $0.83 during trading on Friday, reaching $50.27. The company had a trading volume of 31 shares, compared to its average volume of 312. ProShares MSCI Transformational Changes ETF has a 52 week low of $37.49 and a 52 week high of $52.91. The stock has a market cap of $7.54 million, a P/E ratio of 29.96 and a beta of 1.00. The business has a 50 day simple moving average of $50.77 and a 200-day simple moving average of $50.97.

Institutional Trading of ProShares MSCI Transformational Changes ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Citadel Advisors LLC purchased a new position in shares of ProShares MSCI Transformational Changes ETF during the third quarter worth approximately $318,000. Jane Street Group LLC boosted its stake in ProShares MSCI Transformational Changes ETF by 7.6% in the second quarter. Jane Street Group LLC now owns 21,583 shares of the company’s stock valued at $1,083,000 after acquiring an additional 1,520 shares in the last quarter. Raymond James Financial Inc. purchased a new position in ProShares MSCI Transformational Changes ETF in the second quarter worth $43,000. Finally, Cetera Investment Advisers acquired a new position in shares of ProShares MSCI Transformational Changes ETF during the second quarter worth $240,000.

ProShares MSCI Transformational Changes ETF Company Profile

The ProShares MSCI Transformational Changes ETF (ANEW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global stocks that benefit from transformational changes in peoples work, health care, consumption, and connection. ANEW was launched on Oct 14, 2020 and is managed by ProShares.