ProShares Short Dow30 (NYSEARCA:DOG) Short Interest Up 93.5% in June

ProShares Short Dow30 (NYSEARCA:DOG) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 143,504 shares, a growth of 93.5% from the May 31st total of 74,172 shares. Based on an average trading volume of 2,600,041 shares, the short-interest ratio is currently 0.1 days. Approximately 2.9% of the shares of the company are sold short.

ProShares Short Dow30 Trading Up 0.0%

Shares of DOG stock traded up $0.01 during mid-day trading on Wednesday, reaching $21.62. 956,597 shares of the company’s stock traded hands, compared to its average volume of 4,559,999. ProShares Short Dow30 has a 12 month low of $21.47 and a 12 month high of $26.06. The firm has a 50 day moving average price of $22.51 and a two-hundred day moving average price of $23.13.

Institutional Trading of ProShares Short Dow30

Several hedge funds have recently bought and sold shares of DOG. Kestra Advisory Services LLC bought a new position in shares of ProShares Short Dow30 in the fourth quarter worth about $27,000. JPMorgan Chase & Co. grew its stake in shares of ProShares Short Dow30 by 11,700.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,180 shares of the company’s stock valued at $30,000 after acquiring an additional 1,170 shares during the period. Headlands Technologies LLC purchased a new stake in ProShares Short Dow30 in the 2nd quarter worth approximately $33,000. Group One Trading LLC raised its stake in ProShares Short Dow30 by 3,260.9% during the 1st quarter. Group One Trading LLC now owns 1,546 shares of the company’s stock worth $38,000 after acquiring an additional 1,500 shares during the period. Finally, BNP Paribas Financial Markets bought a new stake in ProShares Short Dow30 during the 3rd quarter worth approximately $74,000.

About ProShares Short Dow30

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no pre-determined criteria except that components should be established United States companies.