ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) Short Interest Down 22.7% in February

ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) saw a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 107,555 shares, a drop of 22.7% from the February 12th total of 139,145 shares. Currently, 4.3% of the shares of the stock are sold short. Based on an average trading volume of 1,394,268 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 1,394,268 shares, the short-interest ratio is presently 0.1 days. Currently, 4.3% of the shares of the stock are sold short.

Institutional Investors Weigh In On ProShares UltraPro Short Russell 2000

Large investors have recently modified their holdings of the business. Group One Trading LLC increased its holdings in ProShares UltraPro Short Russell 2000 by 278.0% during 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 in the last quarter. JPMorgan Chase & Co. grew its position in shares of ProShares UltraPro Short Russell 2000 by 495.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,608 shares of the exchange traded fund’s stock valued at $113,000 after acquiring an additional 5,498 shares during the period. Qube Research & Technologies Ltd grew its holdings in ProShares UltraPro Short Russell 2000 by 3,171.7% during the second quarter. Qube Research & Technologies Ltd now owns 8,670 shares of the exchange traded fund’s stock worth $148,000 after purchasing an additional 8,405 shares during the period. StoneX Group Inc. acquired a new position in shares of ProShares UltraPro Short Russell 2000 during the 2nd quarter worth approximately $173,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of ProShares UltraPro Short Russell 2000 in the second quarter valued at $347,000.

ProShares UltraPro Short Russell 2000 Price Performance

ProShares UltraPro Short Russell 2000 stock traded up $0.49 during trading hours on Friday, hitting $41.59. 1,720,418 shares of the stock were exchanged, compared to its average volume of 1,768,644. The business’s 50-day moving average is $35.47 and its two-hundred day moving average is $42.01. ProShares UltraPro Short Russell 2000 has a 12 month low of $31.58 and a 12 month high of $149.08.

About ProShares UltraPro Short Russell 2000

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).