ProShares Short Russell2000 (NYSEARCA:RWM) Sees Large Increase in Short Interest

ProShares Short Russell2000 (NYSEARCA:RWM – Get Free Report) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 1,299,695 shares, a growth of 156.2% from the September 30th total of 507,323 shares. Approximately 13.1% of the shares of the company are short sold. Based on an average daily volume of 48,751,600 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of ProShares Short Russell2000

Institutional investors have recently made changes to their positions in the business. Group One Trading LLC boosted its holdings in ProShares Short Russell2000 by 169.9% during the first quarter. Group One Trading LLC now owns 3,336 shares of the company’s stock valued at $54,000 after purchasing an additional 2,100 shares in the last quarter. Waverly Advisors LLC acquired a new stake in shares of ProShares Short Russell2000 during the 2nd quarter worth about $266,000. Choreo LLC increased its holdings in shares of ProShares Short Russell2000 by 32.4% during the third quarter. Choreo LLC now owns 59,883 shares of the company’s stock worth $862,000 after buying an additional 14,645 shares in the last quarter. Global View Capital Management LLC bought a new position in ProShares Short Russell2000 in the 3rd quarter valued at $1,191,000. Finally, IMC Chicago LLC acquired a new position in ProShares Short Russell2000 during the 1st quarter worth about $1,753,000.

ProShares Short Russell2000 Stock Up 1.6%

RWM stock traded up $0.22 during midday trading on Friday, hitting $14.37. The stock had a trading volume of 70,547,120 shares, compared to its average volume of 25,465,881. ProShares Short Russell2000 has a 52 week low of $13.16 and a 52 week high of $17.80. The stock has a 50-day simple moving average of $14.13 and a 200 day simple moving average of $14.51.

ProShares Short Russell2000 Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for ProShares Short Russell2000 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short Russell2000 and related companies with MarketBeat.com's FREE daily email newsletter.