Short Interest in ProShares Short Russell2000 (NYSEARCA:RWM) Increases By 71.9%

ProShares Short Russell2000 (NYSEARCA:RWM) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 592,444 shares, a growth of 71.9% from the May 14th total of 344,629 shares. Currently, 6.0% of the company’s stock are sold short. Based on an average daily trading volume, of 16,715,233 shares, the short-interest ratio is currently 0.0 days.

ProShares Short Russell2000 Stock Performance

RWM stock traded up $0.12 during mid-day trading on Tuesday, hitting $13.80. 20,617,601 shares of the company were exchanged, compared to its average volume of 22,413,125. The firm’s 50 day simple moving average is $14.46 and its 200 day simple moving average is $15.35. ProShares Short Russell2000 has a 1-year low of $13.52 and a 1-year high of $19.85.

Institutional Trading of ProShares Short Russell2000

A number of hedge funds and other institutional investors have recently made changes to their positions in RWM. Jane Street Group LLC raised its holdings in shares of ProShares Short Russell2000 by 577.0% in the first quarter. Jane Street Group LLC now owns 172,386 shares of the company’s stock valued at $3,577,000 after purchasing an additional 146,924 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of ProShares Short Russell2000 in the second quarter valued at approximately $302,000. Qube Research & Technologies Ltd raised its holdings in shares of ProShares Short Russell2000 by 27,302.2% in the second quarter. Qube Research & Technologies Ltd now owns 25,210 shares of the company’s stock valued at $474,000 after purchasing an additional 25,118 shares during the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of ProShares Short Russell2000 in the second quarter valued at approximately $2,835,000. Finally, Group One Trading LLC raised its holdings in shares of ProShares Short Russell2000 by 74.7% in the second quarter. Group One Trading LLC now owns 2,970 shares of the company’s stock valued at $56,000 after purchasing an additional 1,270 shares during the last quarter.

ProShares Short Russell2000 Company Profile

ProShares Short Russell2000 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.