ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) Short Interest Down 22.8% in December

ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 561,009 shares, a decrease of 22.8% from the November 30th total of 726,576 shares. Based on an average trading volume of 4,338,114 shares, the short-interest ratio is currently 0.1 days. Approximately 8.8% of the company’s shares are short sold. Approximately 8.8% of the company’s shares are short sold. Based on an average trading volume of 4,338,114 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of ProShares UltraPro Short Dow30

Institutional investors and hedge funds have recently bought and sold shares of the stock. Squarepoint Ops LLC increased its position in shares of ProShares UltraPro Short Dow30 by 246.1% during the second quarter. Squarepoint Ops LLC now owns 80,829 shares of the exchange traded fund’s stock valued at $3,352,000 after acquiring an additional 57,476 shares during the last quarter. Corient Private Wealth LLC acquired a new position in shares of ProShares UltraPro Short Dow30 in the 2nd quarter worth approximately $207,000. Game Plan Financial Advisors LLC acquired a new position in shares of ProShares UltraPro Short Dow30 in the 3rd quarter worth approximately $36,000. Tower Research Capital LLC TRC boosted its position in shares of ProShares UltraPro Short Dow30 by 619.7% during the 3rd quarter. Tower Research Capital LLC TRC now owns 36,892 shares of the exchange traded fund’s stock worth $1,319,000 after purchasing an additional 31,766 shares during the period. Finally, Group One Trading LLC increased its holdings in ProShares UltraPro Short Dow30 by 10.5% in the 3rd quarter. Group One Trading LLC now owns 13,117 shares of the exchange traded fund’s stock valued at $469,000 after purchasing an additional 1,248 shares during the last quarter.

ProShares UltraPro Short Dow30 Price Performance

SDOW stock traded up $0.49 during midday trading on Wednesday, hitting $31.83. 841,445 shares of the company’s stock were exchanged, compared to its average volume of 3,146,847. ProShares UltraPro Short Dow30 has a 1-year low of $30.55 and a 1-year high of $75.95. The business has a 50-day simple moving average of $33.32 and a two-hundred day simple moving average of $37.25.

About ProShares UltraPro Short Dow30

ProShares UltraPro Short Dow30 (the Fund) seeks daily investment results that correspond to three times (300%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average (the Index). The Index is a price-weighted index maintained by editors of The Wall Street Journal. The Index includes 30 large-cap, United States stocks, excluding utility and transportation companies. The Fund invests in financial instruments whose value is derived from the value of an underlying asset, interest rate or index.