ProShares Short Dow30 (NYSEARCA:DOG) Short Interest Up 74.6% in August

ProShares Short Dow30 (NYSEARCA:DOG) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 563,574 shares, an increase of 74.6% from the July 30th total of 322,803 shares. Currently, 12.2% of the company’s stock are short sold. Based on an average daily volume of 2,567,834 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of ProShares Short Dow30

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Arkadios Wealth Advisors bought a new stake in ProShares Short Dow30 during the first quarter worth about $9,560,000. Oppenheimer & Co. Inc. grew its stake in ProShares Short Dow30 by 331.6% in the fourth quarter. Oppenheimer & Co. Inc. now owns 197,935 shares of the company’s stock valued at $4,649,000 after purchasing an additional 152,072 shares in the last quarter. Renaissance Technologies LLC acquired a new position in shares of ProShares Short Dow30 during the 1st quarter worth approximately $2,090,000. UBS Group AG increased its position in shares of ProShares Short Dow30 by 53.2% during the 4th quarter. UBS Group AG now owns 125,497 shares of the company’s stock worth $2,948,000 after purchasing an additional 43,588 shares during the last quarter. Finally, J2 Capital Management Inc bought a new stake in shares of ProShares Short Dow30 during the 1st quarter worth approximately $958,000.

ProShares Short Dow30 Trading Up 0.7%

Shares of DOG stock opened at $21.59 on Wednesday. ProShares Short Dow30 has a 1 year low of $20.77 and a 1 year high of $25.21. The firm’s fifty day moving average price is $21.49 and its two-hundred day moving average price is $22.60.

ProShares Short Dow30 Company Profile

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no pre-determined criteria except that components should be established United States companies.