ProShares Inflation Expectations ETF (NYSEARCA:RINF) Shares Shorted: Short Interest Up 150.8% in September

ProShares Inflation Expectations ETF (NYSEARCA:RINF) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 7,350 shares, an increase of 150.8% from the August 31st total of 2,931 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average daily volume of 4,757 shares, the short-interest ratio is presently 1.5 days.

ProShares Inflation Expectations ETF Stock Up 0.4%

RINF stock traded up $0.13 during midday trading on Friday, hitting $32.52. The company’s stock had a trading volume of 4,895 shares, compared to its average volume of 4,136. The company’s fifty day moving average price is $32.70 and its 200 day moving average price is $32.48. ProShares Inflation Expectations ETF has a twelve month low of $31.74 and a twelve month high of $33.09.

Institutional Trading of ProShares Inflation Expectations ETF

A hedge fund recently raised its stake in ProShares Inflation Expectations ETF stock. Citadel Advisors LLC increased its stake in shares of ProShares Inflation Expectations ETF (NYSEARCA:RINF) by 33.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,909 shares of the company’s stock after acquiring an additional 4,483 shares during the period. Citadel Advisors LLC owned about 3.20% of ProShares Inflation Expectations ETF worth $576,000 as of its most recent filing with the SEC.

ProShares Inflation Expectations ETF Company Profile

The ProShares Inflation Expectations ETF (RINF) is an exchange-traded fund that mostly invests in spreads alternatives. The fund tracks an index with long exposure to US TIPS and short exposure to US Treasurys of equal maturity, gaining when yields on Treasurys increase relative to those on TIPS. RINF was launched on Jan 10, 2012 and is managed by ProShares.