ProShares UltraPro Russell 2000 (NYSEARCA:URTY) Sees Large Decrease in Short Interest

ProShares UltraPro Russell 2000 (NYSEARCA:URTY) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 254,258 shares, a drop of 53.4% from the December 15th total of 545,606 shares. Based on an average trading volume of 889,464 shares, the short-interest ratio is currently 0.3 days. Approximately 3.9% of the company’s stock are sold short. Approximately 3.9% of the company’s stock are sold short. Based on an average trading volume of 889,464 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of ProShares UltraPro Russell 2000

A number of large investors have recently added to or reduced their stakes in URTY. Group One Trading LLC increased its position in ProShares UltraPro Russell 2000 by 548.0% in the second quarter. Group One Trading LLC now owns 1,756 shares of the company’s stock worth $69,000 after buying an additional 1,485 shares during the last quarter. Golden State Equity Partners bought a new position in shares of ProShares UltraPro Russell 2000 during the 3rd quarter worth $228,000. International Private Wealth Advisors LLC purchased a new stake in ProShares UltraPro Russell 2000 in the 4th quarter worth about $308,000. OneDigital Investment Advisors LLC bought a new stake in ProShares UltraPro Russell 2000 in the 3rd quarter valued at about $376,000. Finally, Simplex Trading LLC bought a new stake in ProShares UltraPro Russell 2000 in the 2nd quarter valued at about $292,000.

ProShares UltraPro Russell 2000 Price Performance

Shares of NYSEARCA URTY traded down $0.33 during trading on Friday, hitting $65.89. The stock had a trading volume of 340,464 shares, compared to its average volume of 1,460,949. The firm has a fifty day moving average of $55.28 and a two-hundred day moving average of $50.91. The company has a market capitalization of $428.26 million, a PE ratio of 16.35 and a beta of 3.42. ProShares UltraPro Russell 2000 has a 12 month low of $21.15 and a 12 month high of $67.36.

About ProShares UltraPro Russell 2000

The ProShares UltraPro Russell2000 (URTY) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 3x leveraged exposure to a market-cap-weighted index of US small-cap companies. URTY was launched on Feb 11, 2010 and is managed by ProShares.