ProShares Short Real Estate (NYSEARCA:REK) Short Interest Down 38.6% in December

ProShares Short Real Estate (NYSEARCA:REK) saw a significant drop in short interest in December. As of December 31st, there was short interest totaling 6,478 shares, a drop of 38.6% from the December 15th total of 10,554 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,398 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 6,398 shares, the short-interest ratio is currently 1.0 days. Currently, 1.0% of the shares of the stock are sold short.

ProShares Short Real Estate Stock Down 1.3%

Shares of REK traded down $0.21 on Friday, hitting $16.49. The company’s stock had a trading volume of 19,576 shares, compared to its average volume of 15,898. ProShares Short Real Estate has a fifty-two week low of $16.35 and a fifty-two week high of $19.61. The company has a 50 day moving average price of $17.18 and a 200 day moving average price of $16.94.

Institutional Trading of ProShares Short Real Estate

An institutional investor recently bought a new position in ProShares Short Real Estate stock. Susquehanna International Group LLP purchased a new position in shares of ProShares Short Real Estate (NYSEARCA:REK) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 15,963 shares of the company’s stock, valued at approximately $264,000. Susquehanna International Group LLP owned approximately 2.42% of ProShares Short Real Estate as of its most recent SEC filing.

ProShares Short Real Estate Company Profile

ProShares Short Real Estate (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments; and real estate investment trusts (REITs) that invest in apartments, office and retail properties.