ProShares UltraShort Semiconductors (NYSEARCA:SSG) Short Interest Update

ProShares UltraShort Semiconductors (NYSEARCA:SSG) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 19,898 shares, a decrease of 42.7% from the May 14th total of 34,742 shares. Based on an average daily volume of 735,234 shares, the short-interest ratio is currently 0.0 days. Currently, 1.1% of the shares of the stock are sold short.

Institutional Trading of ProShares UltraShort Semiconductors

A hedge fund recently raised its stake in ProShares UltraShort Semiconductors stock. Susquehanna International Group LLP boosted its holdings in shares of ProShares UltraShort Semiconductors (NYSEARCA:SSG) by 94.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,064 shares of the company’s stock after purchasing an additional 10,257 shares during the period. Susquehanna International Group LLP owned approximately 1.24% of ProShares UltraShort Semiconductors worth $195,000 at the end of the most recent quarter.

ProShares UltraShort Semiconductors Price Performance

SSG stock opened at $12.90 on Friday. ProShares UltraShort Semiconductors has a 12 month low of $11.44 and a 12 month high of $65.04. The firm has a 50 day simple moving average of $17.14 and a 200 day simple moving average of $25.06.

About ProShares UltraShort Semiconductors

Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game. 2nd Swing operates more than 65 stores in 24 states nationwide under the names 2nd Swing and 2GOLF.