ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Sees Large Decrease in Short Interest

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGLGet Free Report) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 12,116 shares, a decline of 74.7% from the April 15th total of 47,891 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 53,886 shares, the days-to-cover ratio is presently 0.2 days.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Price Performance

Shares of REGL stock opened at $88.86 on Wednesday. The firm has a market capitalization of $1.94 billion, a price-to-earnings ratio of 16.11 and a beta of 0.80. The business has a fifty day moving average of $88.54 and a 200 day moving average of $87.24. ProShares S&P MidCap 400 Dividend Aristocrats ETF has a 1 year low of $79.56 and a 1 year high of $93.74.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of REGL. Hollencrest Capital Management boosted its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 0.7% in the 4th quarter. Hollencrest Capital Management now owns 17,609 shares of the company’s stock valued at $1,483,000 after acquiring an additional 125 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its holdings in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 4.0% in the first quarter. Nations Financial Group Inc. IA ADV now owns 14,620 shares of the company’s stock valued at $1,263,000 after purchasing an additional 567 shares during the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the 4th quarter worth about $50,000. Nova Wealth Management Inc. raised its stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 10.3% during the 4th quarter. Nova Wealth Management Inc. now owns 7,495 shares of the company’s stock valued at $631,000 after buying an additional 700 shares during the last quarter. Finally, Ascentis Independent Advisors acquired a new position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the 1st quarter valued at about $70,000.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Company Profile

(Get Free Report)

The ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) is an exchange-traded fund that is based on the S&P MidCap 400 Dividend Aristocrats index. The fund tracks an equal-weighted index of mid-cap companies that have increased their dividends for at least 15-consecutive years. REGL was launched on Feb 5, 2015 and is managed by ProShares.

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