ProShares Large Cap Core Plus (BATS:CSM) Sees Significant Growth in Short Interest

ProShares Large Cap Core Plus (BATS:CSM) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 149 shares, an increase of 7,350.0% from the April 15th total of 2 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 3,050 shares, the days-to-cover ratio is presently 0.0 days.

ProShares Large Cap Core Plus Price Performance

Shares of BATS CSM opened at $84.53 on Wednesday. The company has a market cap of $535.07 million, a PE ratio of 20.56 and a beta of 1.02. ProShares Large Cap Core Plus has a 12 month low of $66.06 and a 12 month high of $84.74. The company has a 50-day simple moving average of $78.80 and a 200-day simple moving average of $78.96.

Institutional Investors Weigh In On ProShares Large Cap Core Plus

Several hedge funds have recently modified their holdings of CSM. Fifth Third Bancorp acquired a new stake in shares of ProShares Large Cap Core Plus in the fourth quarter worth approximately $25,000. JPMorgan Chase & Co. acquired a new position in shares of ProShares Large Cap Core Plus during the second quarter worth $26,000. Sequent Planning LLC bought a new stake in shares of ProShares Large Cap Core Plus in the fourth quarter worth $212,000. Stratos Wealth Partners LTD. bought a new stake in shares of ProShares Large Cap Core Plus in the fourth quarter worth $243,000. Finally, Wealth Effects LLC bought a new stake in shares of ProShares Large Cap Core Plus in the third quarter worth $245,000.

ProShares Large Cap Core Plus Company Profile

The ProShares Large Cap Core Plus (CSM) is an exchange-traded fund that is based on the Credit Suisse 130\u002F30 Large Cap index. The fund tracks a long\u002Fshort index of the 500 largest US stocks. It uses a set of rules to assign weights to each equity that add up to 130% long and 30% short exposure. CSM was launched on Jul 14, 2009 and is managed by ProShares.