ProShares UltraPro Russell 2000 (NYSEARCA:URTY) Short Interest Update

ProShares UltraPro Russell 2000 (NYSEARCA:URTY) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 545,606 shares, a growth of 69.4% from the November 30th total of 322,013 shares. Based on an average daily trading volume, of 1,422,701 shares, the short-interest ratio is presently 0.4 days. Approximately 7.6% of the shares of the company are short sold. Approximately 7.6% of the shares of the company are short sold. Based on an average daily trading volume, of 1,422,701 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Variant Private Wealth LLC increased its holdings in ProShares UltraPro Russell 2000 by 41.2% during the 2nd quarter. Variant Private Wealth LLC now owns 123,784 shares of the company’s stock valued at $4,873,000 after purchasing an additional 36,145 shares in the last quarter. MFG Wealth Management Inc. grew its holdings in shares of ProShares UltraPro Russell 2000 by 45.4% during the second quarter. MFG Wealth Management Inc. now owns 104,568 shares of the company’s stock worth $4,117,000 after purchasing an additional 32,666 shares during the last quarter. Flow Traders U.S. LLC increased its stake in shares of ProShares UltraPro Russell 2000 by 249.9% in the second quarter. Flow Traders U.S. LLC now owns 98,991 shares of the company’s stock valued at $3,897,000 after buying an additional 70,701 shares in the last quarter. Cassaday & Co Wealth Management LLC raised its holdings in shares of ProShares UltraPro Russell 2000 by 33.6% in the second quarter. Cassaday & Co Wealth Management LLC now owns 80,109 shares of the company’s stock valued at $3,154,000 after buying an additional 20,154 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC raised its holdings in shares of ProShares UltraPro Russell 2000 by 136.1% in the second quarter. Prime Capital Investment Advisors LLC now owns 67,988 shares of the company’s stock valued at $2,677,000 after buying an additional 39,195 shares during the last quarter.

ProShares UltraPro Russell 2000 Stock Performance

Shares of URTY stock traded down $1.04 during mid-day trading on Monday, reaching $55.65. The company’s stock had a trading volume of 706,873 shares, compared to its average volume of 1,351,509. ProShares UltraPro Russell 2000 has a 1-year low of $21.15 and a 1-year high of $61.38. The company has a market cap of $400.68 million, a P/E ratio of 16.35 and a beta of 3.42. The firm’s 50-day moving average is $53.98 and its two-hundred day moving average is $49.06.

About ProShares UltraPro Russell 2000

The ProShares UltraPro Russell2000 (URTY) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 3x leveraged exposure to a market-cap-weighted index of US small-cap companies. URTY was launched on Feb 11, 2010 and is managed by ProShares.