ProShares Short SmallCap600 (NYSEARCA:SBB – Get Free Report) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 117 shares, a growth of 160.0% from the February 12th total of 45 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 9,825 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 9,825 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.
Hedge Funds Weigh In On ProShares Short SmallCap600
An institutional investor recently bought a new position in ProShares Short SmallCap600 stock. Susquehanna International Group LLP bought a new position in ProShares Short SmallCap600 (NYSEARCA:SBB – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 24,446 shares of the exchange traded fund’s stock, valued at approximately $339,000. Susquehanna International Group LLP owned approximately 7.64% of ProShares Short SmallCap600 as of its most recent filing with the Securities and Exchange Commission (SEC).
ProShares Short SmallCap600 Trading Down 0.1%
Shares of SBB traded down $0.02 during trading hours on Friday, hitting $13.53. The company had a trading volume of 3,831 shares, compared to its average volume of 9,235. ProShares Short SmallCap600 has a one year low of $12.38 and a one year high of $18.64. The company’s fifty day moving average price is $12.83 and its two-hundred day moving average price is $13.50.
ProShares Short SmallCap600 Company Profile
ProShares Short SmallCap600 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of 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, 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.
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