Short Interest in ProShares UltraShort Semiconductors (NYSEARCA:SSG) Drops By 53.8%

ProShares UltraShort Semiconductors (NYSEARCA:SSGGet Free Report) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totaling 14,349 shares, a decline of 53.8% from the March 31st total of 31,047 shares. Currently, 1.1% of the shares of the stock are short sold. Based on an average trading volume of 298,943 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On ProShares UltraShort Semiconductors

A hedge fund recently raised its stake in ProShares UltraShort Semiconductors stock. Susquehanna International Group LLP raised its holdings in shares of ProShares UltraShort Semiconductors (NYSEARCA:SSGFree Report) by 94.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,064 shares of the company’s stock after buying an additional 10,257 shares during the period. Susquehanna International Group LLP owned about 1.24% of ProShares UltraShort Semiconductors worth $195,000 at the end of the most recent reporting period.

ProShares UltraShort Semiconductors Stock Down 2.8%

Shares of NYSEARCA SSG traded down $0.48 during midday trading on Monday, reaching $16.97. 463,572 shares of the stock traded hands, compared to its average volume of 204,810. The company’s 50 day moving average is $26.21 and its 200 day moving average is $29.17. ProShares UltraShort Semiconductors has a one year low of $16.94 and a one year high of $115.96.

ProShares UltraShort Semiconductors Company Profile

(Get Free Report)

Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game. 2nd Swing operates more than 65 stores in 24 states nationwide under the names 2nd Swing and 2GOLF.

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