Short Interest in ProShares Hedge Replication ETF (NYSEARCA:HDG) Increases By 48.4%

ProShares Hedge Replication ETF (NYSEARCA:HDG) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 736 shares, an increase of 48.4% from the January 29th total of 496 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 1,555 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 1,555 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the shares of the company are sold short.

ProShares Hedge Replication ETF Trading Down 0.3%

Shares of NYSEARCA:HDG traded down $0.16 during trading on Friday, reaching $52.85. 1,377 shares of the stock were exchanged, compared to its average volume of 2,043. The stock has a 50-day moving average price of $52.36 and a 200-day moving average price of $51.65. ProShares Hedge Replication ETF has a 12 month low of $46.28 and a 12 month high of $53.42. The firm has a market cap of $24.84 million, a PE ratio of 17.30 and a beta of 0.33.

Institutional Trading of ProShares Hedge Replication ETF

Hedge funds have recently bought and sold shares of the business. Frederick Financial Consultants LLC raised its holdings in ProShares Hedge Replication ETF by 2.4% during the second quarter. Frederick Financial Consultants LLC now owns 71,810 shares of the company’s stock worth $3,557,000 after buying an additional 1,684 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of ProShares Hedge Replication ETF by 9.4% in the 2nd quarter. Raymond James Financial Inc. now owns 42,403 shares of the company’s stock worth $2,100,000 after acquiring an additional 3,626 shares during the last quarter. First PREMIER Bank raised its holdings in shares of ProShares Hedge Replication ETF by 14,562.5% in the 3rd quarter. First PREMIER Bank now owns 1,173 shares of the company’s stock worth $60,000 after acquiring an additional 1,165 shares during the last quarter. National Bank of Canada FI lifted its position in 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 valued at $359,000 after acquiring an additional 519 shares in the last quarter. Finally, Susquehanna International Group LLP boosted its stake in ProShares Hedge Replication ETF by 38.3% during the 3rd quarter. Susquehanna International Group LLP now owns 10,504 shares of the company’s stock valued at $537,000 after purchasing an additional 2,908 shares during the last quarter.

About ProShares Hedge Replication ETF

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.