ProShares Short S&P500 (NYSEARCA:SH) Sees Large Volume Increase – What’s Next?

Shares of ProShares Short S&P500 (NYSEARCA:SH) saw unusually-high trading volume on Monday . Approximately 6,413,705 shares were traded during trading, an increase of 35% from the previous session’s volume of 4,739,355 shares.The stock last traded at $41.73 and had previously closed at $41.49.

ProShares Short S&P500 Stock Performance

The business’s 50-day moving average is $41.85 and its 200 day moving average is $43.45.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Golden State Wealth Management LLC bought a new stake in shares of ProShares Short S&P500 in the 4th quarter worth $31,000. Aptus Capital Advisors LLC bought a new position in ProShares Short S&P500 in the 3rd quarter worth about $33,000. Nvwm LLC bought a new position in shares of ProShares Short S&P500 in the third quarter valued at approximately $46,000. Larson Financial Group LLC raised its position in shares of ProShares Short S&P500 by 415.8% in the third quarter. Larson Financial Group LLC now owns 5,617 shares of the real estate investment trust’s stock worth $61,000 after buying an additional 4,528 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of ProShares Short S&P500 during the third quarter worth about $111,000.

About ProShares Short S&P500

ProShares Short S&P500 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P 500 Index (the Index). The S&P 500 Index is a measure of large-cap United States stock market performance. It is a capitalization weighted index of 500 United States operating companies and selected real estate investment trusts.