ProShares Hedge Replication ETF (NYSEARCA:HDG) Short Interest Down 56.7% in December

ProShares Hedge Replication ETF (NYSEARCA:HDG) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 450 shares, a drop of 56.7% from the December 15th total of 1,040 shares. Based on an average daily trading volume, of 1,082 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,082 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On ProShares Hedge Replication ETF

Several large investors have recently modified their holdings of HDG. First PREMIER Bank boosted its holdings in shares of ProShares Hedge Replication ETF by 14,562.5% in the third quarter. First PREMIER Bank now owns 1,173 shares of the company’s stock valued at $60,000 after purchasing an additional 1,165 shares during the period. National Bank of Canada FI raised its position in ProShares Hedge Replication ETF by 8.0% during the 3rd quarter. National Bank of Canada FI now owns 7,046 shares of the company’s stock valued at $359,000 after purchasing an additional 519 shares in the last quarter. Susquehanna International Group LLP lifted its holdings in shares of ProShares Hedge Replication ETF by 38.3% in the 3rd quarter. Susquehanna International Group LLP now owns 10,504 shares of the company’s stock worth $537,000 after buying an additional 2,908 shares during the period. Raymond James Financial Inc. grew its position in shares of ProShares Hedge Replication ETF by 9.4% during the 2nd quarter. Raymond James Financial Inc. now owns 42,403 shares of the company’s stock worth $2,100,000 after buying an additional 3,626 shares in the last quarter. Finally, Frederick Financial Consultants LLC grew its position in shares of ProShares Hedge Replication ETF by 2.4% during the 2nd quarter. Frederick Financial Consultants LLC now owns 71,810 shares of the company’s stock worth $3,557,000 after buying an additional 1,684 shares in the last quarter.

ProShares Hedge Replication ETF Trading Up 0.0%

Shares of NYSEARCA:HDG traded up $0.01 during trading on Friday, reaching $52.47. The company’s stock had a trading volume of 458 shares, compared to its average volume of 2,223. The stock has a market capitalization of $24.66 million, a PE ratio of 17.30 and a beta of 0.33. ProShares Hedge Replication ETF has a 12 month low of $46.28 and a 12 month high of $52.48. The firm’s 50 day simple moving average is $51.72 and its two-hundred day simple moving average is $51.08.

About ProShares Hedge Replication ETF

The ProShares Hedge Replication ETF (HDG) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund tracks an index that uses long and short exposure to equity, Treasury and currency indexes, and individual securities to mimic the returns of a broad hedge fund index. HDG was launched on Jul 12, 2011 and is managed by ProShares.