ProShares Inflation Expectations ETF (NYSEARCA:RINF) Short Interest Update

ProShares Inflation Expectations ETF (NYSEARCA:RINF) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 599 shares, a growth of 160.4% from the April 15th total of 230 shares. Based on an average daily trading volume, of 3,573 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of ProShares Inflation Expectations ETF

A number of institutional investors have recently modified their holdings of the company. Jane Street Group LLC boosted its holdings in shares of ProShares Inflation Expectations ETF by 155.1% in the 4th quarter. Jane Street Group LLC now owns 21,552 shares of the company’s stock valued at $694,000 after buying an additional 13,103 shares in the last quarter. Cornerstone Planning Group LLC boosted its holdings in shares of ProShares Inflation Expectations ETF by 467.2% in the 4th quarter. Cornerstone Planning Group LLC now owns 1,418 shares of the company’s stock valued at $46,000 after buying an additional 1,168 shares in the last quarter. Oppenheimer & Co. Inc. bought a new stake in shares of ProShares Inflation Expectations ETF in the 3rd quarter valued at about $227,000. Finally, Bank of America Corp DE acquired a new stake in ProShares Inflation Expectations ETF in the 4th quarter worth approximately $54,000.

ProShares Inflation Expectations ETF Stock Performance

NYSEARCA:RINF opened at $32.87 on Friday. ProShares Inflation Expectations ETF has a fifty-two week low of $31.74 and a fifty-two week high of $33.35. The company’s 50-day simple moving average is $32.18 and its 200-day simple moving average is $32.25.

ProShares Inflation Expectations ETF Company Profile

The ProShares Inflation Expectations ETF (RINF) is an exchange-traded fund that mostly invests in spreads alternatives. The fund tracks an index with long exposure to US TIPS and short exposure to US Treasurys of equal maturity, gaining when yields on Treasurys increase relative to those on TIPS. RINF was launched on Jan 10, 2012 and is managed by ProShares.