ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) Sees Significant Drop in Short Interest

by · The Markets Daily

ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY – Get Free Report) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 66,139 shares, a decrease of 73.3% from the November 30th total of 247,961 shares. Currently, 3.5% of the company’s stock are sold short. Based on an average daily trading volume, of 1,797,531 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 1,797,531 shares, the short-interest ratio is presently 0.0 days. Currently, 3.5% of the company’s stock are sold short.

Hedge Funds Weigh In On ProShares UltraPro Short Russell 2000

Hedge funds have recently bought and sold shares of the company. Lane Generational LLC purchased a new stake in ProShares UltraPro Short Russell 2000 during the 2nd quarter valued at about $4,461,000. UBS Group AG raised its holdings in ProShares UltraPro Short Russell 2000 by 6,059.5% in the third quarter. UBS Group AG now owns 100,955 shares of the exchange traded fund’s stock worth $1,187,000 after buying an additional 99,316 shares during the last quarter. Jump Financial LLC bought a new position in shares of ProShares UltraPro Short Russell 2000 in the first quarter worth approximately $883,000. Flow Traders U.S. LLC bought a new position in shares of ProShares UltraPro Short Russell 2000 in the second quarter worth approximately $347,000. Finally, Qube Research & Technologies Ltd grew its holdings in shares of ProShares UltraPro Short Russell 2000 by 180.7% during the third quarter. Qube Research & Technologies Ltd now owns 24,338 shares of the exchange traded fund’s stock valued at $286,000 after buying an additional 15,668 shares during the last quarter.

ProShares UltraPro Short Russell 2000 Trading Down 2.4%

Shares of NYSEARCA:SRTY opened at $39.19 on Thursday. The stock has a fifty day simple moving average of $44.16 and a two-hundred day simple moving average of $53.36. ProShares UltraPro Short Russell 2000 has a 12-month low of $37.82 and a 12-month high of $149.08.

About ProShares UltraPro Short Russell 2000

(Get Free Report)

ProShares UltraPro Short Russell2000 (the Fund) seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund seeks a return -300% of the return of an index for a single day. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index. The investment advisor of the Fund is ProShare Advisors LLC (ProShare Advisors).

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