ProShares Short Dow30 (NYSEARCA:DOG – Get Free Report) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 330,921 shares, a drop of 41.3% from the August 15th total of 563,574 shares. Currently, 7.2% of the shares of the company are sold short. Based on an average trading volume of 2,024,908 shares, the short-interest ratio is currently 0.2 days.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Group One Trading LLC raised its position 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 buying an additional 1,500 shares during the last quarter. IMC Chicago LLC purchased a new stake in shares of ProShares Short Dow30 during the 1st quarter worth about $544,000. Squarepoint Ops LLC acquired a new stake in ProShares Short Dow30 in the second quarter valued at approximately $863,000. J2 Capital Management Inc acquired a new position in shares of ProShares Short Dow30 during the 1st quarter worth approximately $958,000. Finally, Renaissance Technologies LLC acquired a new position in shares of ProShares Short Dow30 during the 1st quarter worth approximately $2,090,000.
ProShares Short Dow30 Stock Performance
DOG traded up $0.27 on Wednesday, reaching $22.15. 6,853,652 shares of the stock were exchanged, compared to its average volume of 3,931,538. The company’s 50-day moving average price is $21.49 and its 200 day moving average price is $22.50. ProShares Short Dow30 has a fifty-two week low of $20.77 and a fifty-two week high of $25.12.
ProShares Short Dow30 Company Profile
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.
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