ProShares Short SmallCap600 (NYSEARCA:SBB) Short Interest Update

ProShares Short SmallCap600 (NYSEARCA:SBB) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 28 shares, a decline of 76.7% from the May 31st total of 120 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 1,042 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On ProShares Short SmallCap600

An institutional investor recently bought a new stake in ProShares Short SmallCap600 stock. Susquehanna International Group LLP acquired a new position in shares of ProShares Short SmallCap600 (NYSEARCA:SBB) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 24,446 shares of the exchange traded fund’s stock, valued at approximately $339,000. Susquehanna International Group LLP owned approximately 7.64% of ProShares Short SmallCap600 at the end of the most recent reporting period.

ProShares Short SmallCap600 Trading Down 1.0%

ProShares Short SmallCap600 stock opened at $22.16 on Friday. ProShares Short SmallCap600 has a 12-month low of $22.16 and a 12-month high of $30.96. The firm’s fifty day moving average is $23.77 and its 200 day moving average is $25.26.

ProShares Short SmallCap600 Company Profile

ProShares Short SmallCap600 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P SmallCap 600 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.