ProShares UltraPro Short S&P 500 (NYSEARCA:SPXU) Short Interest Update

ProShares UltraPro Short S&P 500 (NYSEARCA:SPXU) was the recipient of a large drop in short interest in January. As of January 30th, there was short interest totaling 910,715 shares, a drop of 26.6% from the January 15th total of 1,241,483 shares. Based on an average trading volume of 6,429,284 shares, the days-to-cover ratio is currently 0.1 days. Currently, 10.1% of the shares of the stock are short sold. Currently, 10.1% of the shares of the stock are short sold. Based on an average trading volume of 6,429,284 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. TD Waterhouse Canada Inc. acquired a new stake in ProShares UltraPro Short S&P 500 during the third quarter worth about $27,000. Optiver Holding B.V. purchased a new stake in shares of ProShares UltraPro Short S&P 500 during the 3rd quarter worth about $38,000. SBI Securities Co. Ltd. increased its position in ProShares UltraPro Short S&P 500 by 620.0% during the 3rd quarter. SBI Securities Co. Ltd. now owns 4,795 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 4,129 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in ProShares UltraPro Short S&P 500 by 18.7% in the second quarter. EverSource Wealth Advisors LLC now owns 6,200 shares of the exchange traded fund’s stock valued at $104,000 after buying an additional 975 shares during the period. Finally, Fortitude Advisory Group L.L.C. acquired a new position in ProShares UltraPro Short S&P 500 during the third quarter valued at approximately $157,000.

ProShares UltraPro Short S&P 500 Trading Down 0.0%

Shares of ProShares UltraPro Short S&P 500 stock traded down $0.01 during trading on Monday, hitting $50.14. 7,896,131 shares of the company were exchanged, compared to its average volume of 6,522,773. The firm has a 50 day moving average price of $48.92 and a 200 day moving average price of $53.34. ProShares UltraPro Short S&P 500 has a fifty-two week low of $46.65 and a fifty-two week high of $153.00.

ProShares UltraPro Short S&P 500 Company Profile

The Fund seeks daily investment results that correspond to triple the inverse of the daily performance of the Index. The Fund invests in derivatives that it believes should have similar daily return characteristics as triple the inverse of the daily performance of the Index.