ProShares Hedge Replication ETF (NYSEARCA:HDG) Short Interest Update

ProShares Hedge Replication ETF (NYSEARCA:HDG) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 200 shares, a decline of 55.6% from the December 31st total of 450 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 2,468 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 2,468 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On ProShares Hedge Replication ETF

Institutional investors have recently added to or reduced their stakes in the company. First PREMIER Bank grew its holdings in shares of ProShares Hedge Replication ETF by 14,562.5% in the third quarter. First PREMIER Bank now owns 1,173 shares of the company’s stock valued at $60,000 after purchasing an additional 1,165 shares in the last quarter. National Bank of Canada FI grew its stake in shares of ProShares Hedge Replication ETF by 8.0% in the 3rd quarter. National Bank of Canada FI now owns 7,046 shares of the company’s stock worth $359,000 after buying an additional 519 shares in the last quarter. Susquehanna International Group LLP increased its holdings in shares of ProShares Hedge Replication ETF by 38.3% in the 3rd quarter. Susquehanna International Group LLP now owns 10,504 shares of the company’s stock worth $537,000 after buying an additional 2,908 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of ProShares Hedge Replication ETF by 9.4% during the 2nd quarter. Raymond James Financial Inc. now owns 42,403 shares of the company’s stock valued at $2,100,000 after buying an additional 3,626 shares in the last quarter. Finally, Frederick Financial Consultants LLC raised its position in shares of ProShares Hedge Replication ETF by 2.4% during the 2nd quarter. Frederick Financial Consultants LLC now owns 71,810 shares of the company’s stock valued at $3,557,000 after buying an additional 1,684 shares in the last quarter.

ProShares Hedge Replication ETF Price Performance

Shares of NYSEARCA HDG traded up $0.05 during mid-day trading on Thursday, reaching $52.54. The company’s stock had a trading volume of 18 shares, compared to its average volume of 2,090. ProShares Hedge Replication ETF has a 52 week low of $46.28 and a 52 week high of $52.70. The stock has a fifty day moving average of $51.93 and a two-hundred day moving average of $51.24. The firm has a market capitalization of $24.69 million, a PE ratio of 17.30 and a beta of 0.33.

ProShares Hedge Replication ETF Company Profile

The ProShares Hedge Replication ETF (HDG) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund tracks an index that uses long and short exposure to equity, Treasury and currency indexes, and individual securities to mimic the returns of a broad hedge fund index. HDG was launched on Jul 12, 2011 and is managed by ProShares.