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

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL – Get Free Report) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 3,417 shares, a decline of 83.1% from the September 30th total of 20,185 shares. Based on an average daily volume of 59,722 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in REGL. Confluence Investment Management LLC acquired a new position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF during the third quarter worth approximately $5,967,000. Janney Montgomery Scott LLC boosted its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 2.4% in the first quarter. Janney Montgomery Scott LLC now owns 66,477 shares of the company’s stock valued at $5,744,000 after acquiring an additional 1,581 shares during the period. Atlas Brown Inc. bought a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the third quarter valued at approximately $1,193,000. Pinnacle Holdings LLC bought a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the second quarter valued at approximately $706,000. Finally, Steel Grove Capital Advisors LLC bought a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the third quarter valued at approximately $508,000.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Up 0.4%

Shares of BATS:REGL opened at $90.32 on Tuesday. The business has a 50 day moving average price of $90.50 and a 200 day moving average price of $90.20. ProShares S&P MidCap 400 Dividend Aristocrats ETF has a twelve month low of $80.52 and a twelve month high of $95.97. The company has a market cap of $1.97 billion, a price-to-earnings ratio of 16.11 and a beta of 0.80.

About ProShares S&P MidCap 400 Dividend Aristocrats ETF

(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.

Further Reading

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