ProShares Russell 2000 High Income ETF (BATS:ITWO) Short Interest Update

ProShares Russell 2000 High Income ETF (BATS:ITWO) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 13,119 shares, a decline of 70.5% from the July 30th total of 44,542 shares. Based on an average daily volume of 32,754 shares, the days-to-cover ratio is currently 0.4 days. Currently, 1.0% of the company’s stock are short sold.

Institutional Investors Weigh In On ProShares Russell 2000 High Income ETF

Institutional investors have recently bought and sold shares of the business. Endeavor Private Wealth Inc. grew its stake in ProShares Russell 2000 High Income ETF by 5.8% during the 2nd quarter. Endeavor Private Wealth Inc. now owns 11,489 shares of the company’s stock valued at $540,000 after acquiring an additional 630 shares in the last quarter. Rothschild Capital Partners LLC purchased a new stake in shares of ProShares Russell 2000 High Income ETF in the second quarter worth approximately $1,025,000. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of ProShares Russell 2000 High Income ETF by 4.7% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 220,650 shares of the company’s stock worth $10,362,000 after purchasing an additional 9,907 shares during the period. Sunbelt Securities Inc. boosted its holdings in shares of ProShares Russell 2000 High Income ETF by 34.0% during the first quarter. Sunbelt Securities Inc. now owns 7,907 shares of the company’s stock worth $315,000 after purchasing an additional 2,007 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of ProShares Russell 2000 High Income ETF by 51.2% during the first quarter. Royal Bank of Canada now owns 16,038 shares of the company’s stock worth $638,000 after purchasing an additional 5,432 shares during the period.

ProShares Russell 2000 High Income ETF Stock Up 0.0%

Shares of ITWO traded up $0.01 during mid-day trading on Thursday, reaching $46.27. The company’s stock had a trading volume of 4,312 shares, compared to its average volume of 33,080. The company has a market cap of $60.15 million and a price-to-earnings ratio of 17.43. The business has a fifty day moving average of $46.19 and a 200 day moving average of $43.73. ProShares Russell 2000 High Income ETF has a 1 year low of $37.09 and a 1 year high of $47.19.

ProShares Russell 2000 High Income ETF Company Profile

The ProShares Russell 2000 High Income ETF (ITWO) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index that holds Russell 2000 stocks and sells daily call options on the same index. The fund primarily uses swaps to replicate the buy-write strategy in replicating returns of the sub-index. ITWO was launched on Sep 4, 2024 and is issued by ProShares.