ProShares UltraShort Consumer Staples (NYSEARCA:SZK) Short Interest Update

ProShares UltraShort Consumer Staples (NYSEARCA:SZK) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 712 shares, a decrease of 69.6% from the December 15th total of 2,339 shares. Currently, 1.2% of the shares of the stock are sold short. Based on an average trading volume of 3,054 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 3,054 shares, the short-interest ratio is currently 0.2 days. Currently, 1.2% of the shares of the stock are sold short.

ProShares UltraShort Consumer Staples Trading Down 0.3%

Shares of ProShares UltraShort Consumer Staples stock traded down $0.04 on Thursday, hitting $11.40. 3,243 shares of the company were exchanged, compared to its average volume of 6,124. The company has a 50-day moving average price of $12.74 and a 200 day moving average price of $12.41. ProShares UltraShort Consumer Staples has a 1-year low of $11.22 and a 1-year high of $13.91.

Institutional Trading of ProShares UltraShort Consumer Staples

A hedge fund recently bought a new stake in ProShares UltraShort Consumer Staples stock. Susquehanna International Group LLP purchased a new stake in shares of ProShares UltraShort Consumer Staples (NYSEARCA:SZK) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 12,613 shares of the company’s stock, valued at approximately $160,000. Susquehanna International Group LLP owned about 21.02% of ProShares UltraShort Consumer Staples at the end of the most recent quarter.

About ProShares UltraShort Consumer Staples

ProShares UltraShort Consumer Goods (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Consumer Goods Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.