Short Interest in ProShares UltraShort Financials (NYSEARCA:SKF) Expands By 296.5%

Posted by Trevor Kearing on Jul 26th, 2026

ProShares UltraShort Financials (NYSEARCA:SKF – Get Free Report) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 25,191 shares, an increase of 296.5% from the June 30th total of 6,354 shares. Approximately 5.7% of the shares of the stock are short sold. Based on an average daily volume of 22,161 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Investors Weigh In On ProShares UltraShort Financials

A number of large investors have recently added to or reduced their stakes in SKF. Tower Research Capital LLC TRC grew its position in shares of ProShares UltraShort Financials by 72.8% in the third quarter. Tower Research Capital LLC TRC now owns 23,913 shares of the company’s stock valued at $633,000 after purchasing an additional 10,073 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of ProShares UltraShort Financials by 20,938.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,522 shares of the company’s stock valued at $166,000 after purchasing an additional 6,491 shares during the period. Finally, Group One Trading LLC acquired a new position in ProShares UltraShort Financials in the second quarter valued at $37,000.

ProShares UltraShort Financials Stock Down 1.5%

ProShares UltraShort Financials stock traded down $0.36 during trading hours on Friday, hitting $23.71. The stock had a trading volume of 10,648 shares, compared to its average volume of 28,968. ProShares UltraShort Financials has a 1-year low of $23.20 and a 1-year high of $33.06. The stock’s fifty day moving average is $26.16 and its two-hundred day moving average is $27.58.

ProShares UltraShort Financials Company Profile

(Get Free Report)

ProShares UltraShort Financials (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial services industry of the United States equity market. Component companies include regional banks; United States-domiciled international banks; full line, life and property and casualty insurance companies; companies that invest directly or indirectly in real estate; diversified financial companies, such as Federal National Mortgage Association, credit card issuers and investment advisers; securities brokers and dealers, including investment banks, merchant banks and online brokers, and publicly traded stock exchanges.