ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) Short Interest Update

ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 267,871 shares, a decline of 38.3% from the April 15th total of 434,223 shares. Approximately 9.3% of the shares of the company are sold short. Based on an average daily trading volume, of 2,244,031 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On ProShares UltraPro Short Russell 2000

Institutional investors have recently made changes to their positions in the company. Group One Trading LLC boosted its holdings in shares of ProShares UltraPro Short Russell 2000 by 278.0% during the third quarter. Group One Trading LLC now owns 5,828 shares of the exchange traded fund’s stock worth $69,000 after acquiring an additional 4,286 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of ProShares UltraPro Short Russell 2000 by 495.3% during the second quarter. JPMorgan Chase & Co. now owns 6,608 shares of the exchange traded fund’s stock worth $113,000 after acquiring an additional 5,498 shares during the period. Qube Research & Technologies Ltd boosted its holdings in shares of ProShares UltraPro Short Russell 2000 by 3,171.7% during the second quarter. Qube Research & Technologies Ltd now owns 8,670 shares of the exchange traded fund’s stock worth $148,000 after acquiring an additional 8,405 shares during the period. StoneX Group Inc. bought a new stake in shares of ProShares UltraPro Short Russell 2000 during the second quarter worth approximately $173,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of ProShares UltraPro Short Russell 2000 during the second quarter worth approximately $347,000.

ProShares UltraPro Short Russell 2000 Trading Up 4.0%

Shares of NYSEARCA:SRTY traded up $1.14 during trading on Tuesday, reaching $29.69. 1,451,226 shares of the stock were exchanged, compared to its average volume of 1,954,107. ProShares UltraPro Short Russell 2000 has a 12 month low of $25.30 and a 12 month high of $88.00. The stock has a 50-day moving average price of $34.02 and a 200-day moving average price of $37.59.

About ProShares UltraPro Short Russell 2000

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).