Short Interest in ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Rises By 74.2%

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 49,527 shares, an increase of 74.2% from the June 30th total of 28,439 shares. Based on an average daily trading volume, of 61,822 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Trading of ProShares S&P MidCap 400 Dividend Aristocrats ETF

Several institutional investors have recently made changes to their positions in REGL. Garton & Associates Financial Advisors LLC purchased a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the 4th quarter worth approximately $50,000. Ascentis Independent Advisors bought a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the 1st quarter worth approximately $70,000. Whittier Trust Co. of Nevada Inc. grew its holdings in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 410.8% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,037 shares of the company’s stock valued at $89,000 after buying an additional 834 shares in the last quarter. Sunbelt Securities Inc. purchased a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the 3rd quarter valued at approximately $117,000. Finally, Captrust Financial Advisors bought a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF during the second quarter valued at approximately $209,000.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Trading Down 0.1%

Shares of BATS:REGL opened at $93.73 on Friday. ProShares S&P MidCap 400 Dividend Aristocrats ETF has a 12-month low of $80.52 and a 12-month high of $95.97. The stock has a market capitalization of $2.05 billion, a P/E ratio of 16.11 and a beta of 0.80. The stock’s 50-day moving average price is $91.07 and its 200-day moving average price is $89.88.

About ProShares S&P MidCap 400 Dividend Aristocrats ETF

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.