ProShares UltraPro Russell 2000 (NYSEARCA:URTY) Short Interest Up 105.5% in January

ProShares UltraPro Russell 2000 (NYSEARCA:URTY) saw a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 462,373 shares, an increase of 105.5% from the January 15th total of 225,040 shares. Approximately 7.6% of the company’s stock are sold short. Based on an average daily volume of 1,706,689 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 1,706,689 shares, the short-interest ratio is currently 0.3 days. Approximately 7.6% of the company’s stock are sold short.

ProShares UltraPro Russell 2000 Trading Up 3.8%

Shares of URTY stock traded up $2.31 during trading on Friday, hitting $63.07. The company’s stock had a trading volume of 1,327,569 shares, compared to its average volume of 1,630,976. The company has a market cap of $384.73 million, a PE ratio of 16.35 and a beta of 3.42. The business has a fifty day moving average of $60.78 and a 200-day moving average of $54.08. ProShares UltraPro Russell 2000 has a 52 week low of $21.15 and a 52 week high of $70.61.

Institutional Trading of ProShares UltraPro Russell 2000

Hedge funds have recently added to or reduced their stakes in the stock. Vontobel Holding Ltd. purchased a new stake in ProShares UltraPro Russell 2000 during the 3rd quarter worth about $777,000. Simplex Trading LLC bought a new stake in shares of ProShares UltraPro Russell 2000 during the second quarter valued at about $292,000. Flow Traders U.S. LLC increased its position in shares of ProShares UltraPro Russell 2000 by 249.9% during the second quarter. Flow Traders U.S. LLC now owns 98,991 shares of the company’s stock valued at $3,897,000 after buying an additional 70,701 shares during the period. Cassaday & Co Wealth Management LLC lifted its holdings in shares of ProShares UltraPro Russell 2000 by 33.6% in the second quarter. Cassaday & Co Wealth Management LLC now owns 80,109 shares of the company’s stock worth $3,154,000 after buying an additional 20,154 shares in the last quarter. Finally, Variant Private Wealth LLC boosted its position in shares of ProShares UltraPro Russell 2000 by 41.2% in the second quarter. Variant Private Wealth LLC now owns 123,784 shares of the company’s stock valued at $4,873,000 after acquiring an additional 36,145 shares during the period.

ProShares UltraPro Russell 2000 Company Profile

The ProShares UltraPro Russell2000 (URTY) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 3x leveraged exposure to a market-cap-weighted index of US small-cap companies. URTY was launched on Feb 11, 2010 and is managed by ProShares.