ProShares Hedge Replication ETF (NYSEARCA:HDG) Short Interest Up 148.0% in January

ProShares Hedge Replication ETF (NYSEARCA:HDG) saw a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 496 shares, a growth of 148.0% from the January 15th total of 200 shares. Based on an average daily volume of 2,006 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 2,006 shares, the short-interest ratio is presently 0.2 days.

ProShares Hedge Replication ETF Stock Down 0.3%

Shares of ProShares Hedge Replication ETF stock traded down $0.15 during mid-day trading on Thursday, hitting $52.72. The stock had a trading volume of 786 shares, compared to its average volume of 1,981. The firm has a 50-day moving average of $52.12 and a two-hundred day moving average of $51.41. The firm has a market cap of $24.78 million, a P/E 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 $52.95.

Institutional Investors Weigh In On ProShares Hedge Replication ETF

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

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.