ProShares UltraShort Russell 2000 (NYSEARCA:TWM) Short Interest Update

ProShares UltraShort Russell 2000 (NYSEARCA:TWM) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 109,682 shares, an increase of 90.0% from the May 31st total of 57,714 shares. Based on an average daily volume of 713,867 shares, the short-interest ratio is presently 0.2 days. Currently, 5.8% of the company’s stock are short sold.

Institutional Trading of ProShares UltraShort Russell 2000

Institutional investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC grew its stake in shares of ProShares UltraShort Russell 2000 by 549,942.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 38,503 shares of the company’s stock worth $1,232,000 after acquiring an additional 38,496 shares during the period. IMC Chicago LLC bought a new stake in ProShares UltraShort Russell 2000 in the 4th quarter worth approximately $1,201,000. Jane Street Group LLC purchased a new stake in ProShares UltraShort Russell 2000 during the 4th quarter valued at $664,000. Hillsdale Investment Management Inc. raised its stake in ProShares UltraShort Russell 2000 by 18.3% during the 1st quarter. Hillsdale Investment Management Inc. now owns 79,302 shares of the company’s stock valued at $2,456,000 after buying an additional 12,260 shares during the last quarter. Finally, Flow Traders U.S. LLC raised its stake in ProShares UltraShort Russell 2000 by 22.4% during the 2nd quarter. Flow Traders U.S. LLC now owns 7,429 shares of the company’s stock valued at $321,000 after buying an additional 1,362 shares during the last quarter.

ProShares UltraShort Russell 2000 Price Performance

Shares of TWM stock remained flat at $20.68 during mid-day trading on Wednesday. The stock had a trading volume of 254,828 shares, compared to its average volume of 775,592. ProShares UltraShort Russell 2000 has a 52-week low of $20.37 and a 52-week high of $44.60. The company has a 50-day moving average of $23.23 and a 200-day moving average of $27.17.

ProShares UltraShort Russell 2000 Company Profile

ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.