ProShares Russell 2000 High Income ETF (BATS:ITWO) Shares Shorted: Short Interest Up 64.4% in October

ProShares Russell 2000 High Income ETF (BATS:ITWO) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 3,233 shares, a growth of 64.4% from the September 30th total of 1,966 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 25,068 shares, the short-interest ratio is currently 0.1 days.

ProShares Russell 2000 High Income ETF Stock Down 0.0%

ITWO stock opened at $43.29 on Monday. ProShares Russell 2000 High Income ETF has a twelve month low of $37.09 and a twelve month high of $47.19. The stock’s 50 day moving average is $43.90 and its 200-day moving average is $43.60. The firm has a market capitalization of $56.28 million and a PE ratio of 17.43.

Institutional Investors Weigh In On ProShares Russell 2000 High Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Rothschild Capital Partners LLC bought a new position in ProShares Russell 2000 High Income ETF during the 2nd quarter valued at $1,025,000. Hennion & Walsh Asset Management Inc. grew its stake in shares of ProShares Russell 2000 High Income ETF by 4.7% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 220,650 shares of the company’s stock worth $10,362,000 after acquiring an additional 9,907 shares in the last quarter. PFG Investments LLC bought a new stake in shares of ProShares Russell 2000 High Income ETF in the 1st quarter worth $384,000. Royal Bank of Canada raised its holdings in shares of ProShares Russell 2000 High Income ETF by 51.2% in the first quarter. Royal Bank of Canada now owns 16,038 shares of the company’s stock valued at $638,000 after purchasing an additional 5,432 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in shares of ProShares Russell 2000 High Income ETF by 34.0% in the first quarter. Sunbelt Securities Inc. now owns 7,907 shares of the company’s stock valued at $315,000 after purchasing an additional 2,007 shares during the last quarter.

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.