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

ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 818,212 shares, an increase of 225.8% from the May 31st total of 251,116 shares. Approximately 28.3% of the company’s shares are short sold. Based on an average daily volume of 4,247,656 shares, the days-to-cover ratio is currently 0.2 days.

ProShares UltraPro Short Russell 2000 Stock Up 1.0%

NYSEARCA:SRTY traded up $0.22 during trading hours on Friday, hitting $21.93. The stock had a trading volume of 3,792,499 shares, compared to its average volume of 2,320,393. The business’s 50 day moving average is $25.89 and its 200-day moving average is $33.27. ProShares UltraPro Short Russell 2000 has a one year low of $21.10 and a one year high of $71.44.

Institutional Trading of ProShares UltraPro Short Russell 2000

A number of large investors have recently made changes to their positions in SRTY. Ridgepath Capital Management LLC acquired a new position in ProShares UltraPro Short Russell 2000 in the first quarter valued at about $5,588,000. Jump Financial LLC acquired a new stake in shares of ProShares UltraPro Short Russell 2000 during the fourth quarter worth about $4,824,000. UBS Group AG raised its position in shares of ProShares UltraPro Short Russell 2000 by 6,059.5% during the third quarter. UBS Group AG now owns 100,955 shares of the exchange traded fund’s stock worth $1,187,000 after purchasing an additional 99,316 shares during the period. Flow Traders U.S. LLC bought a new position in shares of ProShares UltraPro Short Russell 2000 during the 2nd quarter valued at about $347,000. Finally, Qube Research & Technologies Ltd lifted its holdings in shares of ProShares UltraPro Short Russell 2000 by 180.7% during the 3rd quarter. Qube Research & Technologies Ltd now owns 24,338 shares of the exchange traded fund’s stock valued at $286,000 after purchasing an additional 15,668 shares in the last quarter.

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).