ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Sees Large Drop in Short Interest

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 212 shares, a drop of 69.5% from the August 31st total of 695 shares. Based on an average trading volume of 3,709 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On ProShares S&P Technology Dividend Aristocrats ETF

Hedge funds have recently modified their holdings of the company. Coston McIsaac & Partners raised its stake in shares of ProShares S&P Technology Dividend Aristocrats ETF by 8.1% in the 1st quarter. Coston McIsaac & Partners now owns 35,380 shares of the company’s stock worth $2,997,000 after buying an additional 2,660 shares in the last quarter. Ascentis Independent Advisors boosted its stake in ProShares S&P Technology Dividend Aristocrats ETF by 332.6% during the first quarter. Ascentis Independent Advisors now owns 20,333 shares of the company’s stock valued at $1,722,000 after buying an additional 15,633 shares in the last quarter. Finally, Magnolia Capital Management Ltd. bought a new position in ProShares S&P Technology Dividend Aristocrats ETF during the second quarter valued at about $239,000.

ProShares S&P Technology Dividend Aristocrats ETF Price Performance

Shares of BATS:TDV opened at $100.18 on Monday. ProShares S&P Technology Dividend Aristocrats ETF has a 12 month low of $81.52 and a 12 month high of $106.70. The stock has a market cap of $307.55 million, a price-to-earnings ratio of 28.94 and a beta of 1.08. The stock’s 50 day moving average price is $100.73 and its 200 day moving average price is $97.61.

ProShares S&P Technology Dividend Aristocrats ETF Company Profile

(Get Free Report)

The ProShares S&P Technology Dividend Aristocrats ETF (TDV) is an exchange-traded fund that is based on the S&P Technology Dividend Aristocrats index. The fund tracks an equal-weighted index of U.S. technology companies that have dividend growth of at least 7 years. TDV was launched on Nov 5, 2019 and is managed by ProShares.

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