ProShares UltraShort Russell 2000 (NYSEARCA:TWM) Short Interest Down 18.6% in January

ProShares UltraShort Russell 2000 (NYSEARCA:TWM) saw a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 95,173 shares, a decrease of 18.6% from the January 15th total of 116,906 shares. Based on an average daily trading volume, of 533,150 shares, the days-to-cover ratio is currently 0.2 days. Approximately 7.0% of the shares of the company are short sold. Approximately 7.0% of the shares of the company are short sold. Based on an average daily trading volume, of 533,150 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On ProShares UltraShort Russell 2000

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Hillsdale Investment Management Inc. raised its stake in shares of ProShares UltraShort Russell 2000 by 0.6% during the 4th quarter. Hillsdale Investment Management Inc. now owns 67,042 shares of the company’s stock valued at $2,145,000 after buying an additional 430 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in ProShares UltraShort Russell 2000 by 549,942.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 38,503 shares of the company’s stock worth $1,232,000 after acquiring an additional 38,496 shares during the period. IMC Chicago LLC acquired a new stake in ProShares UltraShort Russell 2000 during the fourth quarter worth about $1,201,000. Jane Street Group LLC purchased a new position in ProShares UltraShort Russell 2000 during the fourth quarter valued at approximately $664,000. Finally, Flow Traders U.S. LLC lifted its holdings in ProShares UltraShort Russell 2000 by 22.4% in the second quarter. Flow Traders U.S. LLC now owns 7,429 shares of the company’s stock valued at $321,000 after acquiring an additional 1,362 shares during the period.

ProShares UltraShort Russell 2000 Stock Performance

NYSEARCA TWM traded down $0.01 on Tuesday, hitting $28.03. 1,062,602 shares of the company’s stock traded hands, compared to its average volume of 575,136. The firm’s 50-day moving average price is $29.28 and its two-hundred day moving average price is $32.98. ProShares UltraShort Russell 2000 has a 1-year low of $26.33 and a 1-year high of $71.27.

ProShares UltraShort Russell 2000 Company Profile

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.