ProShares Short High Yield (NYSEARCA:SJB) Sees Large Drop in Short Interest

Posted by Patrick Bannon on Jul 17th, 2026

ProShares Short High Yield (NYSEARCA:SJB – Get Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 49,538 shares, a decrease of 36.3% from the June 15th total of 77,732 shares. Approximately 1.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 103,421 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of ProShares Short High Yield

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SJB. BNP Paribas Financial Markets purchased a new position in ProShares Short High Yield in the 2nd quarter valued at about $135,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of ProShares Short High Yield in the first quarter valued at approximately $147,000. Private Advisor Group LLC acquired a new position in shares of ProShares Short High Yield in the first quarter valued at approximately $155,000. Simplex Trading LLC lifted its stake in shares of ProShares Short High Yield by 1,673.5% during the fourth quarter. Simplex Trading LLC now owns 10,162 shares of the company’s stock valued at $155,000 after buying an additional 9,589 shares during the period. Finally, Bravias Capital Group LLC purchased a new position in shares of ProShares Short High Yield during the first quarter valued at approximately $162,000.

ProShares Short High Yield Stock Performance

ProShares Short High Yield stock traded up $0.01 during mid-day trading on Friday, hitting $15.15. 61,833 shares of the company were exchanged, compared to its average volume of 295,903. ProShares Short High Yield has a 12-month low of $15.05 and a 12-month high of $15.71. The business’s 50 day simple moving average is $15.27 and its two-hundred day simple moving average is $15.31.

About ProShares Short High Yield

(Get Free Report)

The Proshares Short High Yield (SJB) is an exchange-traded fund that is based on the iBoxx USD Liquid High Yield index. The fund provides inverse exposure, reset daily, to a modified market-value-weighted index comprising US-dollar-denominated corporate high-yield bonds with maturities between 3 and 15 years. SJB was launched on Mar 21, 2011 and is managed by ProShares.