ProShares Hedge Replication ETF (NYSEARCA:HDG) Short Interest Update

ProShares Hedge Replication ETF (NYSEARCA:HDG) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 406 shares, an increase of 47.6% from the March 31st total of 275 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 1,277 shares, the short-interest ratio is presently 0.3 days.

ProShares Hedge Replication ETF Stock Performance

Shares of NYSEARCA:HDG traded up $0.23 during trading on Thursday, reaching $53.31. The company had a trading volume of 370 shares, compared to its average volume of 1,997. The firm’s fifty day moving average is $52.36 and its 200 day moving average is $52.05. The firm has a market capitalization of $21.86 million, a PE ratio of 17.30 and a beta of 0.31. ProShares Hedge Replication ETF has a twelve month low of $48.12 and a twelve month high of $53.49.

Institutional Trading of ProShares Hedge Replication ETF

A number of institutional investors have recently made changes to their positions in HDG. Allworth Financial LP acquired a new stake in shares of ProShares Hedge Replication ETF in the 4th quarter worth approximately $29,000. First PREMIER Bank lifted its stake in shares of ProShares Hedge Replication ETF by 94.9% in the 4th quarter. First PREMIER Bank now owns 2,286 shares of the company’s stock worth $118,000 after acquiring an additional 1,113 shares during the period. National Bank of Canada FI lifted its stake in shares of ProShares Hedge Replication ETF by 8.0% in the 3rd quarter. National Bank of Canada FI now owns 7,046 shares of the company’s stock worth $359,000 after acquiring an additional 519 shares during the period. Hyundai Investments Co. Ltd. acquired a new stake in shares of ProShares Hedge Replication ETF in the 4th quarter worth approximately $414,000. Finally, Susquehanna International Group LLP lifted its stake in shares of ProShares Hedge Replication ETF by 38.3% in the 3rd quarter. Susquehanna International Group LLP now owns 10,504 shares of the company’s stock worth $537,000 after acquiring an additional 2,908 shares during the period.

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.