ProShares UltraShort SmallCap 600 (NYSEARCA:SDD) Short Interest Down 36.4% in February

ProShares UltraShort SmallCap 600 (NYSEARCA:SDD) saw a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 1,200 shares, a decrease of 36.4% from the February 12th total of 1,888 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average daily volume of 3,079 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 3,079 shares, the short-interest ratio is currently 0.4 days. Approximately 1.0% of the company’s stock are sold short.

ProShares UltraShort SmallCap 600 Price Performance

SDD traded up $0.04 during trading on Friday, reaching $12.15. The stock had a trading volume of 3,165 shares, compared to its average volume of 3,075. The stock’s 50 day moving average is $11.00 and its two-hundred day moving average is $12.29. ProShares UltraShort SmallCap 600 has a one year low of $10.29 and a one year high of $24.76.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares UltraShort SmallCap 600 stock. Susquehanna International Group LLP acquired a new stake in shares of ProShares UltraShort SmallCap 600 (NYSEARCA:SDD) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 12,800 shares of the company’s stock, valued at approximately $168,000. Susquehanna International Group LLP owned about 10.67% of ProShares UltraShort SmallCap 600 at the end of the most recent quarter.

About ProShares UltraShort SmallCap 600

ProShares UltraShort SmallCap600 (the Fund) seeks daily investment results that correspond to twice (200%) 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.