Short Interest in ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) Declines By 22.7%

ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) was the recipient of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 107,555 shares, a decrease of 22.7% from the February 12th total of 139,145 shares. Based on an average daily volume of 1,394,268 shares, the days-to-cover ratio is presently 0.1 days. Currently, 4.3% of the shares of the company are short sold. Currently, 4.3% of the shares of the company are short sold. Based on an average daily volume of 1,394,268 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Jump Financial LLC purchased a new position in shares of ProShares UltraPro Short Russell 2000 during the 4th quarter worth $4,824,000. UBS Group AG increased its stake in shares of ProShares UltraPro Short Russell 2000 by 6,059.5% in the 3rd quarter. UBS Group AG now owns 100,955 shares of the exchange traded fund’s stock worth $1,187,000 after purchasing an additional 99,316 shares in the last quarter. Qube Research & Technologies Ltd raised its holdings in ProShares UltraPro Short Russell 2000 by 180.7% in the 3rd quarter. Qube Research & Technologies Ltd now owns 24,338 shares of the exchange traded fund’s stock worth $286,000 after purchasing an additional 15,668 shares during the period. Flow Traders U.S. LLC bought a new position in ProShares UltraPro Short Russell 2000 in the 2nd quarter worth $347,000. Finally, XTX Topco Ltd purchased a new position in ProShares UltraPro Short Russell 2000 during the fourth quarter valued at $508,000.

ProShares UltraPro Short Russell 2000 Price Performance

Shares of NYSEARCA:SRTY traded down $1.18 during trading on Monday, hitting $40.41. The company’s stock had a trading volume of 840,503 shares, compared to its average volume of 1,750,264. The company has a 50-day moving average of $35.49 and a 200-day moving average of $41.86. ProShares UltraPro Short Russell 2000 has a 12 month low of $31.58 and a 12 month high of $149.08.

About ProShares UltraPro Short Russell 2000

ProShares UltraPro Short Russell2000 (the Fund) seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund seeks a return -300% of the return of an index for a single day. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index. The investment advisor of the Fund is ProShare Advisors LLC (ProShare Advisors).