Short Interest in ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Rises By 101.9%

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 311 shares, an increase of 101.9% from the April 30th total of 154 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 6,249 shares, the days-to-cover ratio is presently 0.0 days.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sound Income Strategies LLC acquired a new stake in ProShares S&P Technology Dividend Aristocrats ETF during the fourth quarter worth $62,000. Farther Finance Advisors LLC purchased a new position in shares of ProShares S&P Technology Dividend Aristocrats ETF during the fourth quarter worth $131,000. Rossby Financial LCC purchased a new position in shares of ProShares S&P Technology Dividend Aristocrats ETF during the fourth quarter worth $427,000. Janney Montgomery Scott LLC boosted its position in shares of ProShares S&P Technology Dividend Aristocrats ETF by 8.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 10,322 shares of the company’s stock worth $894,000 after buying an additional 815 shares during the period. Finally, AMJ Financial Wealth Management boosted its position in shares of ProShares S&P Technology Dividend Aristocrats ETF by 1.6% during the third quarter. AMJ Financial Wealth Management now owns 10,826 shares of the company’s stock worth $936,000 after buying an additional 173 shares during the period.

ProShares S&P Technology Dividend Aristocrats ETF Stock Up 1.4%

TDV stock opened at $106.70 on Wednesday. The business has a fifty day moving average of $93.70 and a two-hundred day moving average of $90.07. The stock has a market cap of $327.57 million, a price-to-earnings ratio of 28.94 and a beta of 1.08. ProShares S&P Technology Dividend Aristocrats ETF has a 52-week low of $78.09 and a 52-week high of $106.70.

ProShares S&P Technology Dividend Aristocrats ETF Company Profile

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.