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

ProShares Russell 2000 High Income ETF (BATS:ITWO) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 8,153 shares, a decline of 37.9% from the August 15th total of 13,119 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 30,038 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On ProShares Russell 2000 High Income ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC increased its holdings in shares of ProShares Russell 2000 High Income ETF by 22.6% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 9,691 shares of the company’s stock worth $455,000 after purchasing an additional 1,788 shares in the last quarter. Endeavor Private Wealth Inc. lifted its holdings in shares of ProShares Russell 2000 High Income ETF by 5.8% during the second quarter. Endeavor Private Wealth Inc. now owns 11,489 shares of the company’s stock valued at $540,000 after purchasing an additional 630 shares in the last quarter. Rothschild Capital Partners LLC bought a new position in shares of ProShares Russell 2000 High Income ETF during the second quarter valued at $1,025,000. Hennion & Walsh Asset Management Inc. boosted its position in shares of ProShares Russell 2000 High Income ETF by 4.7% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 220,650 shares of the company’s stock valued at $10,362,000 after buying an additional 9,907 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its holdings in ProShares Russell 2000 High Income ETF by 34.0% in the 1st quarter. Sunbelt Securities Inc. now owns 7,907 shares of the company’s stock worth $315,000 after buying an additional 2,007 shares in the last quarter.

ProShares Russell 2000 High Income ETF Stock Performance

Shares of ProShares Russell 2000 High Income ETF stock opened at $43.94 on Friday. The company has a 50-day simple moving average of $45.75 and a two-hundred day simple moving average of $44.07. The stock has a market capitalization of $57.12 million and a PE ratio of 17.43. ProShares Russell 2000 High Income ETF has a 52-week low of $37.09 and a 52-week high of $47.19.

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.