ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) Short Interest Update

ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 97,321 shares, a growth of 47.1% from the December 15th total of 66,139 shares. Based on an average trading volume of 956,680 shares, the days-to-cover ratio is presently 0.1 days. Currently, 5.1% of the company’s shares are short sold. Currently, 5.1% of the company’s shares are short sold. Based on an average trading volume of 956,680 shares, the days-to-cover ratio is presently 0.1 days.

ProShares UltraPro Short Russell 2000 Price Performance

Shares of SRTY stock traded down $0.04 during trading hours on Friday, hitting $33.82. 1,649,058 shares of the company’s stock traded hands, compared to its average volume of 1,445,251. The stock’s 50 day simple moving average is $41.96 and its 200 day simple moving average is $49.29. ProShares UltraPro Short Russell 2000 has a 12 month low of $33.25 and a 12 month high of $149.08.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. UBS Group AG raised its position in shares of ProShares UltraPro Short Russell 2000 by 6,059.5% during the third quarter. UBS Group AG now owns 100,955 shares of the exchange traded fund’s stock worth $1,187,000 after acquiring an additional 99,316 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in ProShares UltraPro Short Russell 2000 in the second quarter valued at approximately $347,000. Qube Research & Technologies Ltd boosted its holdings in ProShares UltraPro Short Russell 2000 by 180.7% in the third quarter. Qube Research & Technologies Ltd now owns 24,338 shares of the exchange traded fund’s stock valued at $286,000 after acquiring an additional 15,668 shares during the last quarter. StoneX Group Inc. acquired a new stake in ProShares UltraPro Short Russell 2000 during the 2nd quarter valued at approximately $173,000. Finally, JPMorgan Chase & Co. increased its position in ProShares UltraPro Short Russell 2000 by 495.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,608 shares of the exchange traded fund’s stock valued at $113,000 after purchasing an additional 5,498 shares during the period.

ProShares UltraPro Short Russell 2000 Company Profile

ProShares UltraPro Short Russell2000 (the Fund) seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund seeks a return -300% of the return of an index for a single day. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index. The investment advisor of the Fund is ProShare Advisors LLC (ProShare Advisors).