ProShares UltraShort Semiconductors (NYSEARCA:SSG) Short Interest Update

ProShares UltraShort Semiconductors (NYSEARCA:SSG) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 30,602 shares, a growth of 113.3% from the April 15th total of 14,349 shares. Based on an average daily volume of 357,903 shares, the days-to-cover ratio is currently 0.1 days. Currently, 1.7% of the shares of the stock are sold short.

ProShares UltraShort Semiconductors Stock Up 8.7%

ProShares UltraShort Semiconductors stock opened at $14.17 on Friday. The company has a fifty day simple moving average of $23.40 and a 200-day simple moving average of $27.58. ProShares UltraShort Semiconductors has a 52-week low of $12.91 and a 52-week high of $78.44.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ProShares UltraShort Semiconductors stock. Csenge Advisory Group grew its stake in ProShares UltraShort Semiconductors (NYSEARCA:SSG) by 29.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,928 shares of the company’s stock after purchasing an additional 8,592 shares during the period. Csenge Advisory Group owned approximately 2.00% of ProShares UltraShort Semiconductors worth $350,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About ProShares UltraShort Semiconductors

Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game. 2nd Swing operates more than 65 stores in 24 states nationwide under the names 2nd Swing and 2GOLF.