ProShares UltraShort Industrials (NYSEARCA:SIJ) Stock Short Interest Report for September
by Scott Moore · The Cerbat GemProShares UltraShort Industrials (NYSEARCA:SIJ – Get Free Report) saw a large decline in short interest in September. As of September 30th, there was short interest totaling 1,033 shares, a decline of 86.6% from the September 15th total of 7,734 shares. Based on an average trading volume of 8,971 shares, the short-interest ratio is currently 0.1 days. Approximately 0.3% of the company’s stock are sold short.
ProShares UltraShort Industrials Trading Down 0.2%
Shares of NYSEARCA:SIJ traded down $0.04 during trading hours on Friday, reaching $18.51. The stock had a trading volume of 11,986 shares, compared to its average volume of 8,400. ProShares UltraShort Industrials has a 1 year low of $15.05 and a 1 year high of $25.38. The firm’s 50 day moving average is $17.30 and its 200-day moving average is $17.52.
Hedge Funds Weigh In On ProShares UltraShort Industrials
An institutional investor recently bought a new position in ProShares UltraShort Industrials stock. Citadel Advisors LLC purchased a new stake in ProShares UltraShort Industrials (NYSEARCA:SIJ – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,255 shares of the company’s stock, valued at approximately $158,000. Citadel Advisors LLC owned approximately 2.85% of ProShares UltraShort Industrials at the end of the most recent reporting period.
About ProShares UltraShort Industrials
ProShares UltraShort Industrials (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Industrials Index (the Index). The Index measures the performance of the industrial industry of the United States equity market. Component companies include building materials, heavy construction, factory equipment, heavy machinery, industrial services, pollution control, containers and packaging, industrial diversified, air freight, marine transportation, railroads, trucking, land transportation equipment, shipbuilding, transportation services, advanced industrial equipment, electric components and equipment, and aerospace.
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