ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Short Interest Update

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 2,905 shares, a drop of 76.0% from the April 30th total of 12,116 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 43,024 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Ascentis Independent Advisors purchased a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the first quarter worth about $70,000. Janney Montgomery Scott LLC boosted its position in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 2.4% in the first quarter. Janney Montgomery Scott LLC now owns 66,477 shares of the company’s stock worth $5,744,000 after purchasing an additional 1,581 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its position in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 4.0% in the first quarter. Nations Financial Group Inc. IA ADV now owns 14,620 shares of the company’s stock worth $1,263,000 after purchasing an additional 567 shares during the last quarter. Virtu Financial LLC purchased a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the fourth quarter worth about $556,000. Finally, Garton & Associates Financial Advisors LLC purchased a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the fourth quarter worth about $50,000.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Performance

Shares of BATS:REGL opened at $88.65 on Friday. The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of 16.11 and a beta of 0.80. The stock’s 50-day simple moving average is $88.41 and its two-hundred day simple moving average is $87.72. ProShares S&P MidCap 400 Dividend Aristocrats ETF has a 52-week low of $79.89 and a 52-week high of $93.74.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Company Profile

The ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) is an exchange-traded fund that is based on the S&P MidCap 400 Dividend Aristocrats index. The fund tracks an equal-weighted index of mid-cap companies that have increased their dividends for at least 15-consecutive years. REGL was launched on Feb 5, 2015 and is managed by ProShares.