ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) Short Interest Up 106.5% in July

ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 128 shares, a growth of 106.5% from the July 15th total of 62 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 115 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Investors Weigh In On ProShares MSCI Transformational Changes ETF

A number of large investors have recently made changes to their positions in ANEW. Jane Street Group LLC raised its holdings in shares of ProShares MSCI Transformational Changes ETF by 141.2% during the 1st quarter. Jane Street Group LLC now owns 20,063 shares of the company’s stock worth $901,000 after acquiring an additional 11,745 shares during the period. Cetera Investment Advisers acquired a new position in shares of ProShares MSCI Transformational Changes ETF during the 2nd quarter valued at about $240,000. Raymond James Financial Inc. purchased a new stake in shares of ProShares MSCI Transformational Changes ETF in the second quarter valued at about $43,000. Finally, Citadel Advisors LLC purchased a new stake in shares of ProShares MSCI Transformational Changes ETF in the third quarter valued at about $318,000.

ProShares MSCI Transformational Changes ETF Stock Performance

Shares of NYSEARCA ANEW opened at $53.63 on Monday. The stock has a market cap of $8.04 million, a PE ratio of 29.96 and a beta of 1.02. ProShares MSCI Transformational Changes ETF has a 12-month low of $44.25 and a 12-month high of $53.79. The company has a 50-day moving average of $51.55 and a 200 day moving average of $49.61.

About ProShares MSCI Transformational Changes ETF

The ProShares MSCI Transformational Changes ETF (ANEW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global stocks that benefit from transformational changes in peoples work, health care, consumption, and connection. ANEW was launched on Oct 14, 2020 and is managed by ProShares.