ProShares UltraShort Russell 2000 (NYSEARCA:TWM) Short Interest Update

ProShares UltraShort Russell 2000 (NYSEARCA:TWM) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 18,031 shares, a decline of 76.5% from the December 15th total of 76,603 shares. Currently, 1.4% of the shares of the company are short sold. Based on an average daily volume of 382,308 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 382,308 shares, the short-interest ratio is presently 0.0 days. Currently, 1.4% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Hillsdale Investment Management Inc. boosted its stake in shares of ProShares UltraShort Russell 2000 by 76.4% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 66,612 shares of the company’s stock valued at $2,256,000 after purchasing an additional 28,840 shares during the last quarter. Jane Street Group LLC acquired a new stake in ProShares UltraShort Russell 2000 during the 1st quarter worth about $668,000. Flow Traders U.S. LLC raised its position in shares of ProShares UltraShort Russell 2000 by 22.4% in the 2nd quarter. Flow Traders U.S. LLC now owns 7,429 shares of the company’s stock worth $321,000 after acquiring an additional 1,362 shares in the last quarter. Finally, Qube Research & Technologies Ltd lifted its stake in shares of ProShares UltraShort Russell 2000 by 101.3% in the 3rd quarter. Qube Research & Technologies Ltd now owns 902 shares of the company’s stock valued at $31,000 after purchasing an additional 454 shares during the period.

ProShares UltraShort Russell 2000 Stock Performance

Shares of NYSEARCA:TWM traded down $0.50 during trading on Thursday, reaching $27.55. 400,941 shares of the company traded hands, compared to its average volume of 599,274. ProShares UltraShort Russell 2000 has a 52 week low of $27.24 and a 52 week high of $71.27. The company’s 50 day moving average is $31.91 and its two-hundred day moving average is $35.12.

About ProShares UltraShort Russell 2000

ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.