ProShares UltraShort Semiconductors (NYSEARCA:SSG – Get Free Report) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 21,152 shares, a decrease of 56.9% from the July 15th total of 49,055 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily volume of 911,233 shares, the short-interest ratio is currently 0.0 days.
ProShares UltraShort Semiconductors Stock Performance
ProShares UltraShort Semiconductors stock traded up $0.15 on Friday, hitting $11.37. 250,035 shares of the stock traded hands, compared to its average volume of 525,867. The business’s fifty day simple moving average is $12.69 and its 200 day simple moving average is $19.36. ProShares UltraShort Semiconductors has a 1 year low of $10.91 and a 1 year high of $47.75.
Institutional Inflows and Outflows
A hedge fund recently raised its position in ProShares UltraShort Semiconductors stock. Susquehanna International Group LLP increased its holdings in shares of ProShares UltraShort Semiconductors (NYSEARCA:SSG – Free Report) by 94.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,064 shares of the company’s stock after acquiring an additional 10,257 shares during the period. Susquehanna International Group LLP owned approximately 1.24% of ProShares UltraShort Semiconductors worth $195,000 at the end of the most recent reporting period.
ProShares UltraShort Semiconductors Company Profile
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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