ProShares UltraShort SmallCap 600 (NYSEARCA:SDD) Stock Short Interest Report for September

ProShares UltraShort SmallCap 600 (NYSEARCA:SDD) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 1,514 shares, a decline of 87.2% from the September 15th total of 11,788 shares. Based on an average daily volume of 1,791 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.9% of the shares of the stock are sold short.

ProShares UltraShort SmallCap 600 Trading Down 0.3%

SDD stock traded down $0.03 during midday trading on Friday, reaching $9.33. The stock had a trading volume of 21 shares, compared to its average volume of 3,136. The company’s fifty day simple moving average is $8.64 and its 200 day simple moving average is $9.14. ProShares UltraShort SmallCap 600 has a 52-week low of $7.79 and a 52-week high of $14.68.

ProShares UltraShort SmallCap 600 Company Profile

ProShares UltraShort SmallCap600 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the S&P SmallCap 600 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.