ProShares Inflation Expectations ETF (NYSEARCA:RINF – Get Free Report) saw a large decline in short interest in February. As of February 27th, there was short interest totaling 322 shares, a decline of 16.1% from the February 12th total of 384 shares. Based on an average daily trading volume, of 3,993 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,993 shares, the short-interest ratio is presently 0.1 days.
Hedge Funds Weigh In On ProShares Inflation Expectations ETF
Large investors have recently made changes to their positions in the business. Jane Street Group LLC grew its stake in shares of ProShares Inflation Expectations ETF by 155.1% in the 4th quarter. Jane Street Group LLC now owns 21,552 shares of the company’s stock worth $694,000 after purchasing an additional 13,103 shares during the last quarter. Cornerstone Planning Group LLC grew its position in ProShares Inflation Expectations ETF by 467.2% in the fourth quarter. Cornerstone Planning Group LLC now owns 1,418 shares of the company’s stock worth $46,000 after buying an additional 1,168 shares during the last quarter. Oppenheimer & Co. Inc. acquired a new position in ProShares Inflation Expectations ETF in the third quarter worth approximately $227,000. Finally, Bank of America Corp DE acquired a new position in ProShares Inflation Expectations ETF in the fourth quarter worth approximately $54,000.
ProShares Inflation Expectations ETF Trading Up 0.2%
Shares of ProShares Inflation Expectations ETF stock traded up $0.08 during trading on Tuesday, hitting $32.17. The stock had a trading volume of 1,911 shares, compared to its average volume of 3,326. The business has a fifty day moving average of $32.17 and a two-hundred day moving average of $32.33. ProShares Inflation Expectations ETF has a fifty-two week low of $31.53 and a fifty-two week high of $33.35.
ProShares Inflation Expectations ETF Company Profile
The ProShares Inflation Expectations ETF (RINF) is an exchange-traded fund that mostly invests in spreads alternatives. The fund tracks an index with long exposure to US TIPS and short exposure to US Treasurys of equal maturity, gaining when yields on Treasurys increase relative to those on TIPS. RINF was launched on Jan 10, 2012 and is managed by ProShares.
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