ProShares Short Russell2000 (NYSEARCA:RWM) Short Interest Down 36.5% in June

ProShares Short Russell2000 (NYSEARCA:RWM) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 376,053 shares, a decline of 36.5% from the May 31st total of 592,444 shares. Approximately 3.8% of the company’s shares are sold short. Based on an average daily trading volume, of 17,951,426 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of ProShares Short Russell2000

Institutional investors have recently made changes to their positions in the stock. Group One Trading LLC grew its holdings in shares of ProShares Short Russell2000 by 169.9% in the first quarter. Group One Trading LLC now owns 3,336 shares of the company’s stock worth $54,000 after purchasing an additional 2,100 shares during the last quarter. Total Wealth Planning & Management Inc. bought a new stake in ProShares Short Russell2000 during the 4th quarter valued at $241,000. Resonant Capital Advisors LLC boosted its position in ProShares Short Russell2000 by 49.7% during the 4th quarter. Resonant Capital Advisors LLC now owns 15,346 shares of the company’s stock valued at $251,000 after buying an additional 5,092 shares during the period. Alpha Advisors LLC VA purchased a new stake in ProShares Short Russell2000 during the 3rd quarter valued at $278,000. Finally, Flow Traders U.S. LLC purchased a new stake in ProShares Short Russell2000 during the 2nd quarter valued at $302,000.

ProShares Short Russell2000 Trading Up 1.2%

RWM stock traded up $0.15 during trading on Thursday, hitting $13.49. 9,299,209 shares of the company traded hands, compared to its average volume of 21,525,580. ProShares Short Russell2000 has a 1 year low of $13.19 and a 1 year high of $19.19. The company has a 50-day moving average of $14.08 and a 200-day moving average of $15.14.

About ProShares Short Russell2000

ProShares Short Russell2000 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.