ProShares Ultra Russell 2000 (NYSEARCA:UWM) Sees Significant Decline in Short Interest

Posted by Renee Jackson on Mar 30th, 2026

ProShares Ultra Russell 2000 (NYSEARCA:UWM – Get Free Report) was the recipient of a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 71,789 shares, a drop of 35.1% from the February 26th total of 110,641 shares. Based on an average daily volume of 991,239 shares, the days-to-cover ratio is currently 0.1 days. Approximately 1.3% of the shares of the company are short sold.

ProShares Ultra Russell 2000 Price Performance

UWM opened at $44.92 on Monday. The stock’s 50 day simple moving average is $51.30 and its 200 day simple moving average is $49.00. ProShares Ultra Russell 2000 has a 1-year low of $24.47 and a 1-year high of $56.97. The stock has a market cap of $253.78 million, a P/E ratio of 13.49 and a beta of 2.27.

ProShares Ultra Russell 2000 Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Wednesday, March 25th will be issued a $0.0718 dividend. The ex-dividend date is Wednesday, March 25th. This represents a $0.29 dividend on an annualized basis and a yield of 0.6%.

Institutional Trading of ProShares Ultra Russell 2000

Several large investors have recently added to or reduced their stakes in UWM. Quadrature Capital Ltd purchased a new stake in shares of ProShares Ultra Russell 2000 during the 4th quarter valued at about $3,344,000. OLD Mission Capital LLC purchased a new stake in shares of ProShares Ultra Russell 2000 during the fourth quarter worth about $1,517,000. Kestra Advisory Services LLC acquired a new position in shares of ProShares Ultra Russell 2000 in the fourth quarter worth about $317,000. Federation des caisses Desjardins du Quebec acquired a new stake in ProShares Ultra Russell 2000 during the 4th quarter valued at approximately $47,000. Finally, HRT Financial LP bought a new position in ProShares Ultra Russell 2000 during the 4th quarter valued at $271,000.

ProShares Ultra Russell 2000 Company Profile

(Get Free Report)

The ProShares Ultra Russell2000 (UWM) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. UWM was launched on Jan 23, 2007 and is managed by ProShares.