ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) Short Interest Up 19.3% in January

ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 116,145 shares, an increase of 19.3% from the December 31st total of 97,321 shares. Based on an average daily volume of 1,424,906 shares, the short-interest ratio is presently 0.1 days. Approximately 4.6% of the company’s shares are sold short. Approximately 4.6% of the company’s shares are sold short. Based on an average daily volume of 1,424,906 shares, the short-interest ratio is presently 0.1 days.

ProShares UltraPro Short Russell 2000 Price Performance

Shares of SRTY traded up $0.96 during mid-day trading on Tuesday, hitting $36.09. 1,180,206 shares of the company’s stock traded hands, compared to its average volume of 1,447,449. The business’s 50-day moving average price is $38.68 and its 200-day moving average price is $46.98. ProShares UltraPro Short Russell 2000 has a 1 year low of $31.58 and a 1 year high of $149.08.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in SRTY. Group One Trading LLC lifted its position in shares of ProShares UltraPro Short Russell 2000 by 278.0% in the 3rd quarter. Group One Trading LLC now owns 5,828 shares of the exchange traded fund’s stock worth $69,000 after purchasing an additional 4,286 shares during the period. JPMorgan Chase & Co. raised its stake in ProShares UltraPro Short Russell 2000 by 495.3% in the second quarter. JPMorgan Chase & Co. now owns 6,608 shares of the exchange traded fund’s stock worth $113,000 after buying an additional 5,498 shares in the last quarter. Qube Research & Technologies Ltd lifted its holdings in ProShares UltraPro Short Russell 2000 by 3,171.7% in the second quarter. Qube Research & Technologies Ltd now owns 8,670 shares of the exchange traded fund’s stock worth $148,000 after buying an additional 8,405 shares during the period. StoneX Group Inc. purchased a new stake in ProShares UltraPro Short Russell 2000 in the second quarter worth about $173,000. Finally, Flow Traders U.S. LLC bought a new stake in ProShares UltraPro Short Russell 2000 during the 2nd quarter valued at approximately $347,000.

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).