ProShares UltraShort Consumer Staples (NYSEARCA:SZK) Short Interest Update

ProShares UltraShort Consumer Staples (NYSEARCA:SZKGet Free Report) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 1,850 shares, a decrease of 91.2% from the February 12th total of 20,946 shares. Based on an average trading volume of 24,705 shares, the short-interest ratio is presently 0.1 days. Approximately 3.1% of the company’s shares are short sold. Approximately 3.1% of the company’s shares are short sold. Based on an average trading volume of 24,705 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On ProShares UltraShort Consumer Staples

A hedge fund recently bought a new stake in ProShares UltraShort Consumer Staples stock. Susquehanna International Group LLP purchased a new position in shares of ProShares UltraShort Consumer Staples (NYSEARCA:SZKFree Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 12,613 shares of the company’s stock, valued at approximately $160,000. Susquehanna International Group LLP owned approximately 21.02% of ProShares UltraShort Consumer Staples as of its most recent filing with the Securities and Exchange Commission.

ProShares UltraShort Consumer Staples Stock Up 2.6%

ProShares UltraShort Consumer Staples stock traded up $0.27 during trading on Wednesday, reaching $10.85. 1,069 shares of the company’s stock were exchanged, compared to its average volume of 17,520. ProShares UltraShort Consumer Staples has a 52-week low of $9.20 and a 52-week high of $13.91. The company’s 50-day moving average is $10.94 and its two-hundred day moving average is $12.08.

About ProShares UltraShort Consumer Staples

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ProShares UltraShort Consumer Goods (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Consumer Goods 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.

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