ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Short Interest Update

ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 940 shares, a drop of 87.5% from the April 15th total of 7,531 shares. Based on an average daily trading volume, of 11,899 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On ProShares Russell 2000 Dividend Growers ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Sound Income Strategies LLC purchased a new stake in shares of ProShares Russell 2000 Dividend Growers ETF during the fourth quarter worth approximately $28,000. Cornerstone Planning Group LLC acquired a new position in ProShares Russell 2000 Dividend Growers ETF during the 4th quarter worth approximately $37,000. Advisory Services Network LLC purchased a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the 3rd quarter valued at approximately $37,000. Franklin Resources Inc. acquired a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the 2nd quarter valued at $48,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the 4th quarter valued at $186,000.

ProShares Russell 2000 Dividend Growers ETF Stock Down 0.7%

BATS:SMDV opened at $71.06 on Thursday. ProShares Russell 2000 Dividend Growers ETF has a 52 week low of $62.80 and a 52 week high of $74.43. The company has a fifty day simple moving average of $70.66 and a two-hundred day simple moving average of $69.32. The company has a market cap of $713.44 million, a price-to-earnings ratio of 16.56 and a beta of 0.84.

ProShares Russell 2000 Dividend Growers ETF Company Profile

The ProShares Russell 2000 Dividend Growers ETF (SMDV) is an exchange-traded fund that is based on the Russell 2000 Dividend Growth index. The fund tracks an index of US small-cap stocks with a 10-year record of increasing dividends. Stocks are equally weighted. SMDV was launched on Feb 5, 2015 and is managed by ProShares.