ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW – Get Free Report) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 243 shares, a growth of 305.0% from the August 15th total of 60 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 60 shares, the short-interest ratio is currently 4.0 days.
Institutional Investors Weigh In On ProShares MSCI Transformational Changes ETF
Several hedge funds and other institutional investors have recently modified their holdings of ANEW. Jane Street Group LLC increased its stake in ProShares MSCI Transformational Changes ETF by 141.2% in the first quarter. Jane Street Group LLC now owns 20,063 shares of the company’s stock worth $901,000 after purchasing an additional 11,745 shares during the period. Citadel Advisors LLC purchased a new position in shares of ProShares MSCI Transformational Changes ETF during the third quarter worth approximately $318,000. Cetera Investment Advisers purchased a new stake in shares of ProShares MSCI Transformational Changes ETF in the second quarter valued at approximately $240,000. Finally, Raymond James Financial Inc. purchased a new position in ProShares MSCI Transformational Changes ETF during the 2nd quarter worth $43,000.
ProShares MSCI Transformational Changes ETF Stock Up 0.8%
Shares of ANEW opened at $53.31 on Friday. The business has a fifty day moving average of $52.94 and a 200 day moving average of $50.26. The company has a market cap of $8.00 million, a PE ratio of 29.96 and a beta of 1.02. ProShares MSCI Transformational Changes ETF has a 52-week low of $44.25 and a 52-week high of $54.93.
ProShares MSCI Transformational Changes ETF Company Profile
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.
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