ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW – Get Free Report) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 152 shares, a decrease of 41.5% from the December 31st total of 260 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 249 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 249 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the company’s stock are short sold.
ProShares MSCI Transformational Changes ETF Stock Down 1.3%
ANEW traded down $0.66 during midday trading on Friday, hitting $49.98. The company had a trading volume of 17 shares, compared to its average volume of 301. The stock’s 50 day moving average price is $50.78 and its 200 day moving average price is $50.98. 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 $7.50 million, a price-to-earnings ratio of 29.96 and a beta of 1.00.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in ANEW. Citadel Advisors LLC acquired a new stake in ProShares MSCI Transformational Changes ETF in the 3rd quarter valued at $318,000. Jane Street Group LLC grew its holdings in shares of ProShares MSCI Transformational Changes ETF by 7.6% during the second quarter. Jane Street Group LLC now owns 21,583 shares of the company’s stock valued at $1,083,000 after buying an additional 1,520 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of ProShares MSCI Transformational Changes ETF during the second quarter valued at about $43,000. Finally, Cetera Investment Advisers bought a new stake in shares of ProShares MSCI Transformational Changes ETF during the second quarter worth about $240,000.
About ProShares MSCI Transformational Changes ETF
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.
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