ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Short Interest Update

ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 6,232 shares, an increase of 101.6% from the June 15th total of 3,091 shares. Based on an average daily volume of 42,704 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On ProShares Russell 2000 Dividend Growers ETF

Several hedge funds have recently bought and sold shares of the stock. Goldman Sachs Group Inc. raised its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 12.1% in the first quarter. Goldman Sachs Group Inc. now owns 22,259 shares of the company’s stock worth $1,460,000 after acquiring an additional 2,399 shares during the last quarter. Franklin Resources Inc. acquired a new stake in shares of ProShares Russell 2000 Dividend Growers ETF during the second quarter valued at $48,000. NewEdge Advisors LLC boosted its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 8.0% during the second quarter. NewEdge Advisors LLC now owns 5,415 shares of the company’s stock valued at $352,000 after acquiring an additional 402 shares during the last quarter. Jane Street Group LLC purchased a new stake in ProShares Russell 2000 Dividend Growers ETF during the 2nd quarter worth about $273,000. Finally, Ameriprise Financial Inc. raised its stake in ProShares Russell 2000 Dividend Growers ETF by 72.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 44,356 shares of the company’s stock valued at $2,886,000 after purchasing an additional 18,690 shares during the last quarter.

ProShares Russell 2000 Dividend Growers ETF Price Performance

Shares of ProShares Russell 2000 Dividend Growers ETF stock opened at $76.47 on Wednesday. ProShares Russell 2000 Dividend Growers ETF has a 1 year low of $63.50 and a 1 year high of $77.80. The company has a market capitalization of $767.76 million, a P/E ratio of 16.56 and a beta of 0.84. The business has a 50 day moving average price of $73.98 and a 200 day moving average price of $71.71.

ProShares Russell 2000 Dividend Growers ETF Company Profile

The ProShares Russell 2000 Dividend Growers ETF (SMDV) is an exchange-traded fund that is based on the Russell 2000 Dividend Growth index. The fund tracks an index of US small-cap stocks with a 10-year record of increasing dividends. Stocks are equally weighted. SMDV was launched on Feb 5, 2015 and is managed by ProShares.