Short Interest in ProShares On-Demand ETF (NYSEARCA:OND) Decreases By 49.5%

Posted by Scott Moore on Jun 1st, 2026

ProShares On-Demand ETF (NYSEARCA:OND – Get Free Report) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 164 shares, a decrease of 49.5% from the April 30th total of 325 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 522 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Sowell Financial Services LLC lifted its stake in shares of ProShares On-Demand ETF by 123.8% in the fourth quarter. Sowell Financial Services LLC now owns 44,898 shares of the company’s stock worth $1,847,000 after buying an additional 24,832 shares in the last quarter. Citadel Advisors LLC bought a new position in shares of ProShares On-Demand ETF in the third quarter worth approximately $1,136,000. Susquehanna International Group LLP bought a new position in shares of ProShares On-Demand ETF in the third quarter worth approximately $944,000. Flow Traders U.S. LLC bought a new position in shares of ProShares On-Demand ETF in the third quarter worth approximately $525,000. Finally, Jane Street Group LLC bought a new position in shares of ProShares On-Demand ETF in the fourth quarter worth approximately $369,000.

ProShares On-Demand ETF Stock Up 2.6%

Shares of NYSEARCA OND traded up $0.92 during midday trading on Monday, hitting $36.10. The stock had a trading volume of 2,528 shares, compared to its average volume of 1,293. The business’s 50 day moving average is $34.59 and its 200-day moving average is $37.86. The company has a market cap of $3.61 million, a P/E ratio of 36.24 and a beta of 1.23. ProShares On-Demand ETF has a 52 week low of $32.32 and a 52 week high of $49.00.

ProShares On-Demand ETF Company Profile

(Get Free Report)

The ProShares On-Demand ETF (OND) is an exchange-traded fund that is based on the FactSet On-Demand index, a market-cap-weighted index of global stocks that provides on-demand platforms and services to consumers. OND was launched on Oct 26, 2021 and is managed by ProShares.