Short Interest in ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE) Rises By 157.4%

by · The Cerbat Gem

ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE – Get Free Report) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 556 shares, an increase of 157.4% from the November 30th total of 216 shares. Based on an average trading volume of 1,317 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 1,317 shares, the short-interest ratio is currently 0.4 days.

ProShares S&P 500 Ex-Energy ETF Trading Down 0.0%

Shares of SPXE traded down $0.01 during mid-day trading on Friday, reaching $74.75. The company’s stock had a trading volume of 402 shares, compared to its average volume of 1,800. ProShares S&P 500 Ex-Energy ETF has a 1-year low of $52.40 and a 1-year high of $74.77. The business has a 50-day simple moving average of $73.41 and a two-hundred day simple moving average of $70.58. The stock has a market cap of $74.00 million, a P/E ratio of 26.41 and a beta of 1.01.

Hedge Funds Weigh In On ProShares S&P 500 Ex-Energy ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SPXE. Centurion Wealth Management LLC bought a new stake in ProShares S&P 500 Ex-Energy ETF during the second quarter worth $201,000. Thrivent Financial for Lutherans acquired a new position in shares of ProShares S&P 500 Ex-Energy ETF during the 3rd quarter worth $208,000. Stratos Wealth Partners LTD. lifted its position in shares of ProShares S&P 500 Ex-Energy ETF by 10.5% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 4,220 shares of the company’s stock worth $282,000 after buying an additional 402 shares during the last quarter. Sterling Investment Counsel LLC bought a new stake in shares of ProShares S&P 500 Ex-Energy ETF during the 3rd quarter worth $325,000. Finally, Private Advisor Group LLC boosted its stake in ProShares S&P 500 Ex-Energy ETF by 28.0% in the third quarter. Private Advisor Group LLC now owns 9,793 shares of the company’s stock valued at $707,000 after buying an additional 2,143 shares in the last quarter.

ProShares S&P 500 Ex-Energy ETF Company Profile

(Get Free Report)

The ProShares S&P 500 ex-Energy ETF (SPXE) is an exchange-traded fund that is based on the S&P 500 Ex-Energy index. The fund tracks a market cap-weighted index of US large- and mid-cap stocks, excluding firms in the energy sector. SPXE was launched on Sep 22, 2015 and is managed by ProShares.

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