Short Interest in ProShares Ultra SmallCap600 (NYSEARCA:SAA) Drops By 57.1%

Posted by Amy Steele on Jul 29th, 2026

ProShares Ultra SmallCap600 (NYSEARCA:SAA – Get Free Report) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 3,517 shares, a decline of 57.1% from the June 30th total of 8,202 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 5,432 shares, the days-to-cover ratio is presently 0.6 days.

ProShares Ultra SmallCap600 Price Performance

Shares of SAA traded down $1.05 during mid-day trading on Wednesday, reaching $35.65. The stock had a trading volume of 1,722 shares, compared to its average volume of 6,012. ProShares Ultra SmallCap600 has a 52-week low of $21.09 and a 52-week high of $38.39. The firm has a market cap of $28.88 million, a price-to-earnings ratio of 15.32 and a beta of 2.01. The business’s fifty day moving average is $35.22 and its 200 day moving average is $31.52.

Institutional Trading of ProShares Ultra SmallCap600

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE purchased a new stake in shares of ProShares Ultra SmallCap600 during the 2nd quarter valued at approximately $129,000. Osaic Holdings Inc. grew its position in ProShares Ultra SmallCap600 by 532.8% in the second quarter. Osaic Holdings Inc. now owns 7,960 shares of the company’s stock worth $176,000 after acquiring an additional 6,702 shares during the period. Finally, Corient Private Wealth LLC increased its stake in ProShares Ultra SmallCap600 by 14.0% during the second quarter. Corient Private Wealth LLC now owns 36,065 shares of the company’s stock worth $798,000 after acquiring an additional 4,439 shares during the last quarter.

ProShares Ultra SmallCap600 Company Profile

(Get Free Report)

ProShares Ultra SmallCap600 (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the S&P SmallCap 600 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.