ProShares Short Real Estate (NYSEARCA:REK) Short Interest Update

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ProShares Short Real Estate stock. Susquehanna International Group LLP bought a new stake in ProShares Short Real Estate (NYSEARCA:REK) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 15,963 shares of the company’s stock, valued at approximately $264,000. Susquehanna International Group LLP owned about 2.42% of ProShares Short Real Estate as of its most recent SEC filing.

ProShares Short Real Estate Stock Down 1.3%

REK traded down $0.21 on Friday, hitting $16.49. The company had a trading volume of 19,576 shares, compared to its average volume of 15,898. The company’s fifty day moving average price is $17.17 and its 200 day moving average price is $16.94. ProShares Short Real Estate has a 1-year low of $16.35 and a 1-year high of $19.61.

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.