ProShares Russell 2000 High Income ETF (BATS:ITWO – Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 3,233 shares, an increase of 64.4% from the September 30th total of 1,966 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 25,068 shares, the short-interest ratio is currently 0.1 days.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Rothschild Capital Partners LLC acquired a new position in ProShares Russell 2000 High Income ETF during the second quarter worth approximately $1,025,000. Commonwealth Equity Services LLC acquired a new position in shares of ProShares Russell 2000 High Income ETF in the 3rd quarter valued at $319,000. Integrated Wealth Concepts LLC boosted its holdings in shares of ProShares Russell 2000 High Income ETF by 22.6% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 9,691 shares of the company’s stock valued at $455,000 after purchasing an additional 1,788 shares during the last quarter. Endeavor Private Wealth Inc. boosted its holdings in shares of ProShares Russell 2000 High Income ETF by 5.8% in the 2nd quarter. Endeavor Private Wealth Inc. now owns 11,489 shares of the company’s stock valued at $540,000 after purchasing an additional 630 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its holdings in shares of ProShares Russell 2000 High Income ETF by 4.7% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 220,650 shares of the company’s stock valued at $10,362,000 after purchasing an additional 9,907 shares during the last quarter.
ProShares Russell 2000 High Income ETF Trading Up 0.3%
BATS ITWO opened at $43.12 on Wednesday. The business’s 50-day moving average price is $43.77 and its 200 day moving average price is $43.61. ProShares Russell 2000 High Income ETF has a twelve month low of $37.09 and a twelve month high of $47.19. The company has a market capitalization of $56.06 million and a PE ratio of 17.43.
ProShares Russell 2000 High Income ETF Company Profile
The ProShares Russell 2000 High Income ETF (ITWO) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index that holds Russell 2000 stocks and sells daily call options on the same index. The fund primarily uses swaps to replicate the buy-write strategy in replicating returns of the sub-index. ITWO was launched on Sep 4, 2024 and is issued by ProShares.
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