ProShares Inflation Expectations ETF (NYSEARCA:RINF) Short Interest Update

ProShares Inflation Expectations ETF (NYSEARCA:RINFGet Free Report) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 1,349 shares, a growth of 362.0% from the January 15th total of 292 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 2,781 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 2,781 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are short sold.

ProShares Inflation Expectations ETF Stock Performance

ProShares Inflation Expectations ETF stock opened at $32.19 on Wednesday. The company has a 50-day simple moving average of $32.32 and a 200-day simple moving average of $32.47. ProShares Inflation Expectations ETF has a one year low of $31.53 and a one year high of $33.62.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Cornerstone Planning Group LLC increased its stake in shares of ProShares Inflation Expectations ETF by 467.2% in the fourth quarter. Cornerstone Planning Group LLC now owns 1,418 shares of the company’s stock valued at $46,000 after purchasing an additional 1,168 shares during the period. Bank of America Corp DE bought a new position in ProShares Inflation Expectations ETF in the 4th quarter worth approximately $54,000. Oppenheimer & Co. Inc. acquired a new stake in ProShares Inflation Expectations ETF in the 3rd quarter valued at approximately $227,000. Jane Street Group LLC raised its stake in ProShares Inflation Expectations ETF by 9.2% during the 2nd quarter. Jane Street Group LLC now owns 16,912 shares of the company’s stock valued at $553,000 after acquiring an additional 1,421 shares in the last quarter. Finally, Belvedere Trading LLC acquired a new position in ProShares Inflation Expectations ETF during the 2nd quarter worth $2,675,000.

ProShares Inflation Expectations ETF Company Profile

(Get Free Report)

The ProShares Inflation Expectations ETF (RINF) is an exchange-traded fund that mostly invests in spreads alternatives. The fund tracks an index with long exposure to US TIPS and short exposure to US Treasurys of equal maturity, gaining when yields on Treasurys increase relative to those on TIPS. RINF was launched on Jan 10, 2012 and is managed by ProShares.

Further Reading

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