ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) Short Interest Update

ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 128 shares, an increase of 106.5% from the July 15th total of 62 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 115 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On ProShares MSCI Transformational Changes ETF

A number of hedge funds have recently bought and sold shares of the business. Jane Street Group LLC increased its position in shares of ProShares MSCI Transformational Changes ETF by 7.6% in the second quarter. Jane Street Group LLC now owns 21,583 shares of the company’s stock valued at $1,083,000 after buying an additional 1,520 shares in the last quarter. Citadel Advisors LLC acquired a new stake in ProShares MSCI Transformational Changes ETF in the 3rd quarter valued at $318,000. Cetera Investment Advisers acquired a new stake in ProShares MSCI Transformational Changes ETF in the 2nd quarter valued at $240,000. Finally, Raymond James Financial Inc. purchased a new stake in ProShares MSCI Transformational Changes ETF in the 2nd quarter worth $43,000.

ProShares MSCI Transformational Changes ETF Stock Down 0.1%

Shares of NYSEARCA:ANEW traded down $0.07 during trading on Friday, reaching $53.63. 853 shares of the company’s stock traded hands, compared to its average volume of 296. ProShares MSCI Transformational Changes ETF has a fifty-two week low of $44.25 and a fifty-two week high of $53.79. The firm has a market cap of $8.04 million, a PE ratio of 29.96 and a beta of 1.02. The company has a 50-day simple moving average of $51.55 and a 200-day simple moving average of $49.62.

About ProShares MSCI Transformational Changes ETF

The ProShares MSCI Transformational Changes ETF (ANEW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global stocks that benefit from transformational changes in peoples work, health care, consumption, and connection. ANEW was launched on Oct 14, 2020 and is managed by ProShares.