ProShares Large Cap Core Plus (BATS:CSM) Short Interest Up 270.0% in July

ProShares Large Cap Core Plus (BATS:CSM) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 296 shares, an increase of 270.0% from the July 15th total of 80 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 4,663 shares, the days-to-cover ratio is presently 0.1 days.

ProShares Large Cap Core Plus Stock Performance

Shares of BATS:CSM opened at $89.22 on Thursday. ProShares Large Cap Core Plus has a 52-week low of $72.79 and a 52-week high of $89.77. The company has a market capitalization of $564.76 million, a P/E ratio of 20.56 and a beta of 1.02. The company has a 50-day simple moving average of $85.92 and a 200 day simple moving average of $82.18.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Waterfront Wealth Inc. raised its position in shares of ProShares Large Cap Core Plus by 23.1% in the 1st quarter. Waterfront Wealth Inc. now owns 134,277 shares of the company’s stock valued at $10,047,000 after buying an additional 25,172 shares in the last quarter. Stifel Financial Corp raised its position in ProShares Large Cap Core Plus by 0.6% during the fourth quarter. Stifel Financial Corp now owns 121,557 shares of the company’s stock valued at $9,686,000 after purchasing an additional 751 shares in the last quarter. Wells Fargo & Company MN raised its position in ProShares Large Cap Core Plus by 2.7% during the fourth quarter. Wells Fargo & Company MN now owns 65,425 shares of the company’s stock valued at $5,213,000 after purchasing an additional 1,732 shares in the last quarter. Cetera Investment Advisers lifted its stake in ProShares Large Cap Core Plus by 1.3% during the first quarter. Cetera Investment Advisers now owns 33,259 shares of the company’s stock worth $2,488,000 after purchasing an additional 431 shares during the last quarter. Finally, Duncan Williams Asset Management LLC boosted its holdings in shares of ProShares Large Cap Core Plus by 1.8% in the 4th quarter. Duncan Williams Asset Management LLC now owns 31,712 shares of the company’s stock valued at $2,506,000 after purchasing an additional 550 shares in the last quarter.

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.