ProShares Ultra SmallCap600 (NYSEARCA:SAA – Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 216 shares, a decrease of 68.6% from the September 15th total of 687 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 2,849 shares, the short-interest ratio is presently 0.1 days.
ProShares Ultra SmallCap600 Trading Down 0.1%
Shares of SAA stock traded down $0.02 during trading hours on Monday, reaching $32.10. The company’s stock had a trading volume of 214 shares, compared to its average volume of 5,226. ProShares Ultra SmallCap600 has a one year low of $22.57 and a one year high of $38.94. The stock has a market capitalization of $25.68 million, a P/E ratio of 15.32 and a beta of 2.06. The firm’s fifty day simple moving average is $35.04 and its 200 day simple moving average is $33.84.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in ProShares Ultra SmallCap600 stock. Toth Financial Advisory Corp acquired a new position in ProShares Ultra SmallCap600 (NYSEARCA:SAA – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 914 shares of the company’s stock, valued at approximately $29,000. Toth Financial Advisory Corp owned approximately 0.11% of ProShares Ultra SmallCap600 at the end of the most recent quarter.
About ProShares Ultra SmallCap600
ProShares Ultra SmallCap600 (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the S&P SmallCap 600 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.
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