ProShares UltraShort Dow30 (NYSEARCA:DXD) Stock Short Interest Report for October

ProShares UltraShort Dow30 (NYSEARCA:DXD) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 145,874 shares, a decrease of 59.5% from the September 30th total of 360,067 shares. Currently, 5.6% of the shares of the stock are short sold. Based on an average trading volume of 3,519,010 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of ProShares UltraShort Dow30

A number of institutional investors have recently made changes to their positions in DXD. IMC Chicago LLC purchased a new position in ProShares UltraShort Dow30 in the 1st quarter valued at $2,189,000. Squarepoint Ops LLC acquired a new position in ProShares UltraShort Dow30 during the second quarter worth about $417,000. Finally, Group One Trading LLC boosted its position in ProShares UltraShort Dow30 by 2,264.8% during the first quarter. Group One Trading LLC now owns 5,439 shares of the exchange traded fund’s stock worth $120,000 after acquiring an additional 5,209 shares during the last quarter.

ProShares UltraShort Dow30 Stock Up 2.4%

Shares of NYSEARCA DXD traded up $0.41 during trading on Friday, hitting $17.67. The company had a trading volume of 5,636,087 shares, compared to its average volume of 2,450,156. ProShares UltraShort Dow30 has a fifty-two week low of $15.75 and a fifty-two week high of $23.29. The stock has a fifty day simple moving average of $17.34 and a two-hundred day simple moving average of $18.58.

About ProShares UltraShort Dow30

ProShares UltraShort Dow30 (the Fund), formerly UltraShort Dow30 ProShares, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the 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 Index includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no predetermined criteria except that components should be established United States companies.