ProShares Short Dow30 (NYSEARCA:DOG) Sees Large Decrease in Short Interest

ProShares Short Dow30 (NYSEARCA:DOG) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 129,136 shares, a drop of 26.3% from the December 15th total of 175,176 shares. Based on an average daily volume of 2,798,284 shares, the short-interest ratio is presently 0.0 days. Currently, 2.7% of the company’s stock are sold short. Currently, 2.7% of the company’s stock are sold short. Based on an average daily volume of 2,798,284 shares, the short-interest ratio is presently 0.0 days.

ProShares Short Dow30 Stock Up 0.3%

ProShares Short Dow30 stock traded up $0.06 during midday trading on Monday, hitting $22.93. The stock had a trading volume of 3,312,314 shares, compared to its average volume of 3,914,401. The business has a fifty day moving average price of $23.62 and a 200 day moving average price of $24.40. ProShares Short Dow30 has a 12 month low of $22.77 and a 12 month high of $30.81.

Institutional Investors Weigh In On ProShares Short Dow30

Institutional investors and hedge funds have recently made changes to their positions in the company. Union Bancaire Privee UBP SA bought a new position in ProShares Short Dow30 during the second quarter worth $25,000. JPMorgan Chase & Co. raised its holdings in shares of ProShares Short Dow30 by 11,700.0% during the second quarter. JPMorgan Chase & Co. now owns 1,180 shares of the company’s stock worth $30,000 after purchasing an additional 1,170 shares during the period. Headlands Technologies LLC bought a new position in shares of ProShares Short Dow30 in the 2nd quarter worth about $33,000. BNP Paribas Financial Markets acquired a new position in shares of ProShares Short Dow30 in the 3rd quarter valued at about $74,000. Finally, Kovack Advisors Inc. grew its position in shares of ProShares Short Dow30 by 14.6% during the 3rd quarter. Kovack Advisors Inc. now owns 30,950 shares of the company’s stock valued at $753,000 after buying an additional 3,950 shares during the last quarter.

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.