ProShares Short High Yield $SJB Stock Position Decreased by Csenge Advisory Group

Csenge Advisory Group lessened its holdings in shares of ProShares Short High Yield (NYSEARCA:SJB) by 85.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 216,926 shares of the company’s stock after selling 1,264,422 shares during the quarter. Csenge Advisory Group owned approximately 0.08% of ProShares Short High Yield worth $3,310,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the business. IMC Chicago LLC bought a new stake in shares of ProShares Short High Yield during the 4th quarter valued at about $212,000. BNP Paribas Financial Markets boosted its stake in ProShares Short High Yield by 120.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 19,064 shares of the company’s stock valued at $293,000 after purchasing an additional 10,414 shares during the period. Trek Financial LLC acquired a new position in ProShares Short High Yield during the 3rd quarter valued at about $1,908,000. Finally, Two Sigma Securities LLC acquired a new position in ProShares Short High Yield during the 2nd quarter valued at about $358,000.

ProShares Short High Yield Price Performance

ProShares Short High Yield stock opened at $15.46 on Wednesday. The firm has a 50-day moving average price of $15.41 and a two-hundred day moving average price of $15.37. ProShares Short High Yield has a 52-week low of $15.18 and a 52-week high of $16.10.

ProShares Short High Yield Profile

The Proshares Short High Yield (SJB) is an exchange-traded fund that is based on the iBoxx USD Liquid High Yield index. The fund provides inverse exposure, reset daily, to a modified market-value-weighted index comprising US-dollar-denominated corporate high-yield bonds with maturities between 3 and 15 years. SJB was launched on Mar 21, 2011 and is managed by ProShares.