ProShares Russell 2000 High Income ETF (BATS:ITWO) Short Interest Update

ProShares Russell 2000 High Income ETF (BATS:ITWO) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 13,119 shares, a decline of 70.5% from the July 30th total of 44,542 shares. Based on an average trading volume of 32,754 shares, the short-interest ratio is currently 0.4 days. Approximately 1.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. SageGuard Financial Group LLC raised its position in ProShares Russell 2000 High Income ETF by 69.8% during the first quarter. SageGuard Financial Group LLC now owns 77,207 shares of the company’s stock valued at $3,071,000 after acquiring an additional 31,743 shares in the last quarter. Bleakley Financial Group LLC acquired a new stake in ProShares Russell 2000 High Income ETF in the fourth quarter valued at approximately $9,285,000. Kingsview Wealth Management LLC grew its position in ProShares Russell 2000 High Income ETF by 14.6% in the fourth quarter. Kingsview Wealth Management LLC now owns 44,317 shares of the company’s stock worth $1,759,000 after acquiring an additional 5,641 shares in the last quarter. Larson Financial Group LLC acquired a new position in shares of ProShares Russell 2000 High Income ETF during the 4th quarter worth $64,000. Finally, MJP Associates Inc. ADV increased its stake in shares of ProShares Russell 2000 High Income ETF by 11.6% during the 4th quarter. MJP Associates Inc. ADV now owns 13,275 shares of the company’s stock worth $527,000 after purchasing an additional 1,379 shares during the last quarter.

ProShares Russell 2000 High Income ETF Stock Performance

Shares of BATS ITWO traded up $0.01 during mid-day trading on Thursday, reaching $46.27. The company had a trading volume of 4,312 shares, compared to its average volume of 33,080. ProShares Russell 2000 High Income ETF has a twelve month low of $37.09 and a twelve month high of $47.19. The stock has a market capitalization of $60.15 million and a PE ratio of 17.43. The stock’s 50 day moving average is $46.19 and its 200-day moving average is $43.73.

ProShares Russell 2000 High Income ETF Company Profile

The ProShares Russell 2000 High Income ETF (ITWO) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index that holds Russell 2000 stocks and sells daily call options on the same index. The fund primarily uses swaps to replicate the buy-write strategy in replicating returns of the sub-index. ITWO was launched on Sep 4, 2024 and is issued by ProShares.