ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) Sees Large Increase in Short Interest

ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) saw a significant increase in short interest in December. As of December 31st, there was short interest totaling 260 shares, an increase of 88.4% from the December 15th total of 138 shares. Based on an average daily volume of 111 shares, the days-to-cover ratio is presently 2.3 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 111 shares, the days-to-cover ratio is presently 2.3 days.

ProShares MSCI Transformational Changes ETF Price Performance

Shares of NYSEARCA:ANEW traded down $0.27 during trading hours on Friday, hitting $51.15. The company’s stock had a trading volume of 4 shares, compared to its average volume of 228. ProShares MSCI Transformational Changes ETF has a 52 week low of $37.49 and a 52 week high of $52.91. The company has a market capitalization of $7.67 million, a price-to-earnings ratio of 29.96 and a beta of 1.00. The firm’s fifty day moving average price is $50.66 and its 200 day moving average price is $50.92.

Institutional Trading of ProShares MSCI Transformational Changes ETF

Several hedge funds and other institutional investors have recently bought and sold shares of ANEW. Raymond James Financial Inc. purchased a new stake in shares of ProShares MSCI Transformational Changes ETF during the 2nd quarter worth $43,000. Cetera Investment Advisers purchased a new stake in shares of ProShares MSCI Transformational Changes ETF during the second quarter valued at about $240,000. Citadel Advisors LLC purchased a new position in shares of ProShares MSCI Transformational Changes ETF in the 3rd quarter worth approximately $318,000. Finally, Jane Street Group LLC raised its stake in shares of ProShares MSCI Transformational Changes ETF by 141.2% during the 1st quarter. Jane Street Group LLC now owns 20,063 shares of the company’s stock worth $901,000 after acquiring an additional 11,745 shares in the last quarter.

ProShares MSCI Transformational Changes ETF Company Profile

The ProShares MSCI Transformational Changes ETF (ANEW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global stocks that benefit from transformational changes in peoples work, health care, consumption, and connection. ANEW was launched on Oct 14, 2020 and is managed by ProShares.