ProShares Short SmallCap600 (NYSEARCA:SBB) Short Interest Update

ProShares Short SmallCap600 (NYSEARCA:SBB) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 120 shares, a growth of 160.9% from the May 14th total of 46 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 7,401 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of ProShares Short SmallCap600

A hedge fund recently bought a new stake in ProShares Short SmallCap600 stock. Susquehanna International Group LLP acquired a new stake in shares of ProShares Short SmallCap600 (NYSEARCA:SBB) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 24,446 shares of the exchange traded fund’s stock, valued at approximately $339,000. Susquehanna International Group LLP owned approximately 7.64% of ProShares Short SmallCap600 as of its most recent filing with the SEC.

ProShares Short SmallCap600 Price Performance

SBB stock traded down $0.24 during trading on Friday, reaching $22.95. The company had a trading volume of 1,469 shares, compared to its average volume of 5,010. ProShares Short SmallCap600 has a 52 week low of $22.85 and a 52 week high of $31.62. The business has a 50 day moving average of $24.29 and a 200 day moving average of $25.58.

About ProShares Short SmallCap600

ProShares Short SmallCap600 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P SmallCap 600 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.