ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Short Interest Update

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 16,730 shares, a drop of 47.9% from the August 31st total of 32,085 shares. Based on an average daily volume of 29,961 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the company’s stock are sold short.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Down 1.1%

Shares of REGL opened at $86.48 on Thursday. The business’s 50 day moving average price is $92.64 and its 200-day moving average price is $90.51. ProShares S&P MidCap 400 Dividend Aristocrats ETF has a 52 week low of $80.52 and a 52 week high of $95.97. The stock has a market cap of $1.89 billion, a P/E ratio of 16.11 and a beta of 0.80.

Institutional Investors Weigh In On ProShares S&P MidCap 400 Dividend Aristocrats ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Azimuth Capital Investment Management LLC grew its position in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 18.7% during the second quarter. Azimuth Capital Investment Management LLC now owns 4,125 shares of the company’s stock valued at $378,000 after buying an additional 650 shares during the period. Pinnacle Holdings LLC bought a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the second quarter worth approximately $706,000. Compass Financial Management LLC bought a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the second quarter worth approximately $200,000. Harbor Investment Advisory LLC boosted its stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 19.8% during the 2nd quarter. Harbor Investment Advisory LLC now owns 5,090 shares of the company’s stock worth $466,000 after acquiring an additional 840 shares during the last quarter. Finally, Ascentis Independent Advisors purchased a new position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF during the 1st quarter worth $70,000.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Company Profile

The ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) is an exchange-traded fund that is based on the S&P MidCap 400 Dividend Aristocrats index. The fund tracks an equal-weighted index of mid-cap companies that have increased their dividends for at least 15-consecutive years. REGL was launched on Feb 5, 2015 and is managed by ProShares.