ProShares Short Russell2000 (NYSEARCA:RWM) Short Interest Update

ProShares Short Russell2000 (NYSEARCA:RWM) was the recipient of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 399,909 shares, a drop of 50.0% from the January 29th total of 799,770 shares. Currently, 5.2% of the shares of the company are sold short. Based on an average daily volume of 26,047,000 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 26,047,000 shares, the short-interest ratio is presently 0.0 days. Currently, 5.2% of the shares of the company are sold short.

Hedge Funds Weigh In On ProShares Short Russell2000

A number of large investors have recently made changes to their positions in RWM. Group One Trading LLC lifted its stake in shares of ProShares Short Russell2000 by 74.7% in the second quarter. Group One Trading LLC now owns 2,970 shares of the company’s stock valued at $56,000 after purchasing an additional 1,270 shares during the period. Bogart Wealth LLC purchased a new position in ProShares Short Russell2000 in the third quarter valued at about $29,000. Resonant Capital Advisors LLC lifted its position in shares of ProShares Short Russell2000 by 49.7% during the 4th quarter. Resonant Capital Advisors LLC now owns 15,346 shares of the company’s stock valued at $251,000 after acquiring an additional 5,092 shares during the period. Leuthold Group LLC lifted its position in shares of ProShares Short Russell2000 by 1.2% during the 3rd quarter. Leuthold Group LLC now owns 602,105 shares of the company’s stock valued at $10,109,000 after acquiring an additional 7,032 shares during the period. Finally, Per Stirling Capital Management LLC. boosted its stake in shares of ProShares Short Russell2000 by 13.1% during the 3rd quarter. Per Stirling Capital Management LLC. now owns 91,900 shares of the company’s stock worth $1,543,000 after acquiring an additional 10,613 shares in the last quarter.

ProShares Short Russell2000 Trading Up 1.8%

RWM stock traded up $0.28 on Friday, reaching $15.50. 26,761,429 shares of the company’s stock were exchanged, compared to its average volume of 23,538,391. The stock has a fifty day moving average of $15.54 and a 200-day moving average of $16.40. ProShares Short Russell2000 has a twelve month low of $14.87 and a twelve month high of $23.99.

ProShares Short Russell2000 Company Profile

ProShares Short Russell2000 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.