ProShares Short Dow30 (NYSEARCA:DOG) Short Interest Update

ProShares Short Dow30 (NYSEARCA:DOG) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 331,672 shares, an increase of 411.9% from the February 26th total of 64,795 shares. Based on an average daily volume of 12,260,822 shares, the short-interest ratio is presently 0.0 days. Currently, 6.2% of the shares of the company are sold short. Currently, 6.2% of the shares of the company are sold short. Based on an average daily volume of 12,260,822 shares, the short-interest ratio is presently 0.0 days.

ProShares Short Dow30 Stock Down 0.8%

DOG traded down $0.21 on Wednesday, hitting $24.41. The company’s stock had a trading volume of 2,050,818 shares, compared to its average volume of 6,612,989. The company’s 50 day simple moving average is $23.34 and its 200-day simple moving average is $23.77. ProShares Short Dow30 has a 12 month low of $22.43 and a 12 month high of $30.81.

ProShares Short Dow30 Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th will be given a dividend of $0.1046 per share. The ex-dividend date is Wednesday, March 25th. This represents a $0.42 annualized dividend and a dividend yield of 1.7%.

Hedge Funds Weigh In On ProShares Short Dow30

Hedge funds have recently made changes to their positions in the stock. Kestra Advisory Services LLC purchased a new stake in ProShares Short Dow30 during the 4th quarter worth about $27,000. JPMorgan Chase & Co. grew its holdings in ProShares Short Dow30 by 11,700.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,180 shares of the company’s stock valued at $30,000 after buying an additional 1,170 shares in the last quarter. Headlands Technologies LLC bought a new stake in shares of ProShares Short Dow30 during the second quarter valued at about $33,000. BNP Paribas Financial Markets purchased a new stake in shares of ProShares Short Dow30 in the third quarter worth about $74,000. Finally, Graves Light Lenhart Wealth Inc. purchased a new stake in shares of ProShares Short Dow30 in the fourth quarter worth about $337,000.

ProShares Short Dow30 Company Profile

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no pre-determined criteria except that components should be established United States companies.