ProShares UltraShort Russell 2000 (NYSEARCA:TWM) Short Interest Update

ProShares UltraShort Russell 2000 (NYSEARCA:TWM) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 61,788 shares, a drop of 51.2% from the July 15th total of 126,707 shares. Based on an average daily volume of 592,404 shares, the short-interest ratio is presently 0.1 days. Currently, 3.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On ProShares UltraShort Russell 2000

A number of large investors have recently added to or reduced their stakes in TWM. Qube Research & Technologies Ltd lifted its holdings in ProShares UltraShort Russell 2000 by 101.3% during the third quarter. Qube Research & Technologies Ltd now owns 902 shares of the company’s stock valued at $31,000 after purchasing an additional 454 shares in the last quarter. Flow Traders U.S. LLC increased its stake in shares of ProShares UltraShort Russell 2000 by 22.4% during the second quarter. Flow Traders U.S. LLC now owns 7,429 shares of the company’s stock worth $321,000 after purchasing an additional 1,362 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of ProShares UltraShort Russell 2000 during the 4th quarter worth about $664,000. IMC Chicago LLC acquired a new position in shares of ProShares UltraShort Russell 2000 during the 4th quarter worth about $1,201,000. Finally, Tower Research Capital LLC TRC lifted its stake in ProShares UltraShort Russell 2000 by 549,942.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 38,503 shares of the company’s stock valued at $1,232,000 after buying an additional 38,496 shares in the last quarter.

ProShares UltraShort Russell 2000 Trading Up 0.7%

Shares of TWM stock traded up $0.14 during trading hours on Monday, hitting $20.32. 427,504 shares of the company’s stock were exchanged, compared to its average volume of 722,055. The firm has a 50 day moving average of $21.51 and a two-hundred day moving average of $25.22. ProShares UltraShort Russell 2000 has a fifty-two week low of $20.16 and a fifty-two week high of $40.21.

About ProShares UltraShort Russell 2000

ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) 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.