ProShares Inflation Expectations ETF (NYSEARCA:RINF) Short Interest Update

ProShares Inflation Expectations ETF (NYSEARCA:RINF) saw a significant increase in short interest in December. As of December 31st, there was short interest totaling 424 shares, an increase of 42.3% from the December 15th total of 298 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 2,562 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 2,562 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On ProShares Inflation Expectations ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE purchased a new stake in ProShares Inflation Expectations ETF in the fourth quarter worth approximately $54,000. Belvedere Trading LLC purchased a new stake in shares of ProShares Inflation Expectations ETF in the 2nd quarter valued at $2,675,000. Jane Street Group LLC grew its holdings in shares of ProShares Inflation Expectations ETF by 9.2% during the 2nd quarter. Jane Street Group LLC now owns 16,912 shares of the company’s stock valued at $553,000 after purchasing an additional 1,421 shares during the last quarter. Finally, Oppenheimer & Co. Inc. purchased a new position in shares of ProShares Inflation Expectations ETF in the third quarter worth about $227,000.

ProShares Inflation Expectations ETF Stock Performance

NYSEARCA RINF traded up $0.06 on Friday, hitting $32.29. The stock had a trading volume of 474 shares, compared to its average volume of 1,707. The firm has a 50-day moving average of $32.33 and a 200-day moving average of $32.55. ProShares Inflation Expectations ETF has a 52-week low of $31.53 and a 52-week high of $33.67.

About ProShares Inflation Expectations ETF

The ProShares Inflation Expectations ETF (RINF) is an exchange-traded fund that mostly invests in spreads alternatives. The fund tracks an index with long exposure to US TIPS and short exposure to US Treasurys of equal maturity, gaining when yields on Treasurys increase relative to those on TIPS. RINF was launched on Jan 10, 2012 and is managed by ProShares.