Short Interest in ProShares Short Dow30 (NYSEARCA:DOG) Drops By 19.3%

ProShares Short Dow30 (NYSEARCA:DOG) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 104,171 shares, a drop of 19.3% from the December 31st total of 129,136 shares. Based on an average trading volume of 3,974,668 shares, the short-interest ratio is presently 0.0 days. Approximately 2.0% of the company’s shares are sold short. Approximately 2.0% of the company’s shares are sold short. Based on an average trading volume of 3,974,668 shares, the short-interest ratio is presently 0.0 days.

ProShares Short Dow30 Stock Down 1.0%

Shares of NYSEARCA:DOG traded down $0.23 during midday trading on Monday, reaching $22.93. The company’s stock had a trading volume of 4,226,876 shares, compared to its average volume of 4,413,932. ProShares Short Dow30 has a fifty-two week low of $22.77 and a fifty-two week high of $30.81. The firm has a 50 day moving average price of $23.36 and a two-hundred day moving average price of $24.22.

Hedge Funds Weigh In On ProShares Short Dow30

Several large investors have recently added to or reduced their stakes in DOG. JPMorgan Chase & Co. raised its position in ProShares Short Dow30 by 11,700.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,180 shares of the company’s stock valued at $30,000 after buying an additional 1,170 shares during the last quarter. Headlands Technologies LLC purchased a new position in ProShares Short Dow30 during the 2nd quarter valued at about $33,000. BNP Paribas Financial Markets purchased a new position in shares of ProShares Short Dow30 during the 3rd quarter valued at $74,000. Graves Light Lenhart Wealth Inc. bought a new position in shares of ProShares Short Dow30 in the fourth quarter worth $337,000. Finally, Range Financial Group LLC bought a new position in shares of ProShares Short Dow30 in the fourth quarter worth $363,000.

ProShares Short Dow30 Company Profile

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no pre-determined criteria except that components should be established United States companies.