ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) Short Interest Update

ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 116,145 shares, a growth of 19.3% from the December 31st total of 97,321 shares. Currently, 4.6% of the shares of the stock are short sold. Based on an average trading volume of 1,424,906 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 1,424,906 shares, the days-to-cover ratio is currently 0.1 days. Currently, 4.6% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Group One Trading LLC increased its position in shares of ProShares UltraPro Short Russell 2000 by 278.0% in the third quarter. Group One Trading LLC now owns 5,828 shares of the exchange traded fund’s stock worth $69,000 after acquiring an additional 4,286 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in ProShares UltraPro Short Russell 2000 by 495.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,608 shares of the exchange traded fund’s stock worth $113,000 after purchasing an additional 5,498 shares during the period. Qube Research & Technologies Ltd boosted its stake in ProShares UltraPro Short Russell 2000 by 3,171.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 8,670 shares of the exchange traded fund’s stock worth $148,000 after purchasing an additional 8,405 shares during the period. StoneX Group Inc. purchased a new position in ProShares UltraPro Short Russell 2000 during the 2nd quarter worth approximately $173,000. Finally, Flow Traders U.S. LLC acquired a new stake in ProShares UltraPro Short Russell 2000 during the 2nd quarter valued at $347,000.

ProShares UltraPro Short Russell 2000 Stock Up 2.7%

Shares of NYSEARCA SRTY opened at $35.80 on Thursday. ProShares UltraPro Short Russell 2000 has a 12 month low of $31.58 and a 12 month high of $149.08. The business has a fifty day simple moving average of $38.35 and a 200-day simple moving average of $46.71.

About ProShares UltraPro Short Russell 2000

ProShares UltraPro Short Russell2000 (the Fund) seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund seeks a return -300% of the return of an index for a single day. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index. The investment advisor of the Fund is ProShare Advisors LLC (ProShare Advisors).