ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE) Shares Shorted: Short Interest Up 408.7% in September

ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 351 shares, a growth of 408.7% from the September 15th total of 69 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 757 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Independent Financial Group LLC acquired a new position in ProShares S&P 500 Ex-Energy ETF in the first quarter valued at approximately $208,000. Centurion Wealth Management LLC raised its holdings in ProShares S&P 500 Ex-Energy ETF by 6.5% during the second quarter. Centurion Wealth Management LLC now owns 3,237 shares of the company’s stock worth $261,000 after purchasing an additional 198 shares in the last quarter. Royal Bank of Canada raised its holdings in ProShares S&P 500 Ex-Energy ETF by 3.5% during the first quarter. Royal Bank of Canada now owns 6,890 shares of the company’s stock worth $479,000 after purchasing an additional 235 shares in the last quarter. Citadel Advisors LLC lifted its position in shares of ProShares S&P 500 Ex-Energy ETF by 160.7% during the 2nd quarter. Citadel Advisors LLC now owns 9,996 shares of the company’s stock worth $807,000 after buying an additional 6,162 shares during the last quarter. Finally, Range Advisory LLC lifted its position in shares of ProShares S&P 500 Ex-Energy ETF by 2.0% during the 2nd quarter. Range Advisory LLC now owns 16,614 shares of the company’s stock worth $1,341,000 after buying an additional 333 shares during the last quarter.

ProShares S&P 500 Ex-Energy ETF Stock Down 0.2%

ProShares S&P 500 Ex-Energy ETF stock traded down $0.14 during midday trading on Monday, reaching $83.47. The company’s stock had a trading volume of 148 shares, compared to its average volume of 1,276. ProShares S&P 500 Ex-Energy ETF has a fifty-two week low of $67.48 and a fifty-two week high of $84.00. The company has a market cap of $87.64 million, a P/E ratio of 26.41 and a beta of 1.02. The business has a 50-day simple moving average of $82.60 and a 200-day simple moving average of $79.64.

ProShares S&P 500 Ex-Energy ETF Company Profile

The ProShares S&P 500 ex-Energy ETF (SPXE) is an exchange-traded fund that is based on the S&P 500 Ex-Energy index. The fund tracks a market cap-weighted index of US large- and mid-cap stocks, excluding firms in the energy sector. SPXE was launched on Sep 22, 2015 and is managed by ProShares.